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Biotech / Medical : ARTERIAL VASCULAR ENGINEERING
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To: Jeff Gurian who wrote (321)12/26/1997 2:12:00 PM
From: Zeus549   of 339
 
Jeff, as I've stated a couple of times recently, I think a great deal of the FDA approval and a lot of earnigns are already in the current price. I think the thing to do is a little math to figue out where the current price is on PE basis and what kind of earrnings expectation that it is already reflecting. See what you come up with.IMO on a TA basis, the charts are not and have not been looking real strong ever since their first flurry into the 60's. I sold a little too soon, but thats the way it goes. Have a Happy (and Prosperous) New Year.
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