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Biotech / Medical : ARTERIAL VASCULAR ENGINEERING

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To: Jeff Gurian who wrote (279)10/27/1997 3:42:00 PM
From: Zeus549  Read Replies (1) of 339
 
Jeff, Well, what a day!!!!! Wasn't there some market guru who sometime ago said something like " I always sold too soon." Probably some of the best advice I ever heard. I guess we are actually below the 7200 level that I thought this might stabalize. I'll have to reconsider, I think there may be more downside before we see a bounce. Human psychology being what it is, I don't see the panic subsiding in one day. I have my powder dry and am ready to re-enter in a few stocks. AVE though may have more downside to it IMO. We both were aware that the PE numbers were not making any sense to us. I need to find out what the JNJ suit might do to their prospects. I don't have a good handle on that yet. Whewwwww...
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