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Biotech / Medical : ARTERIAL VASCULAR ENGINEERING

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To: Jeff Gurian who wrote (326)1/7/1998 3:16:00 AM
From: B4TheBell  Read Replies (2) of 339
 
Jeff,

According to Zack's report (updated 1/05/98), GDT earnings due February 3, although they have been known to announce a few days before expected...

I think growth rate factor is more a concern for AVE than for Guidant. AVE's products are more limited to stents and delivery systems, whereas GDT has a broader product offering.

Today AVE seemed to reverse at about the 50 support level established in mid-November. Hopefully, all the damage has already been done and it will climb from here. I sold my position in early December because I was nervous about late approval notification and some other negative things I heard in the rumor mill. Thinking about getting back in at these levels but will probably wait a while...too much is tied up in other trades.

Happy New Year,

B4
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