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Biotech / Medical : Laserscope (NASDAQ LSCP)

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To: Chartgod who wrote (183)1/12/1998 1:44:00 AM
From: David K.  Read Replies (1) of 314
 
This is unpleasant news. On one hand, the company makes a positive annoucement and on the other, they give us lousy earnings. The recent selloff of the stock from a high of 8 probably anticipated the bad earnings. The 3/4 point move on Friday will no doubt be followed by a decline. We small investors seem always to be somewhat in the dark. The companies know months in advance what's happening, while we try to read the tea leaves.
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