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Biotech / Medical : ARTERIAL VASCULAR ENGINEERING
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To: Jeff Gurian who wrote (315)12/14/1997 11:24:00 PM
From: Dan Woodbury  Read Replies (2) of 339
 
Since AVEI's sales are predominately in Europe and Japan, what impact will the strong dollar have on revenues and profits? I agree that AVEI seems to have a tremendous upside but it also has a huge downside (at least in the short term) if profits are dissapointing. Don't forget that last year the stock fell from 25 to 10 in about 2 months time.

So what impact will the strong dollar have? I'd hate to own any shares of AVEI if the company announced that it missed earnings because of currency issues.
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