ARTERIAL VASCULAR ENGINEERING Message Board

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Biotech / Medical : ARTERIAL VASCULAR ENGINEERING

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To: Zeus549 who wrote (311)	12/3/1997 2:28:00 PM
From: Jeff Gurian	Read Replies (1) of 339

I agree witht the resistance in the 60's so I sold the rest of what I bough a few weeks ago. I really hate such short term trading, but I dont see AVE stock holding its position. I was able to get over 61/share on my sale, though. I have not seen any news for AVE so I have no idea if this little run up is even justified or not, thats why I bailed out. Long term I think it will depend on how much of the market AVE can caputre. Either way, I dont think that the competition is going to let AVE have a large market for very long. I agree with your call of AVE going into the mid 70's, but I cant see them going much past that by just selling stents. Eventually others will catch up with them. Ive decided to buy back if AVE goes below 53 so we will see what happens. Either way, I dont think it will matter much. We made the lions share of the profits a few months ago.

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