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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (4229)1/30/1998 9:13:00 AM
From: majormember  Read Replies (1) of 7396
 
Mark,
It is truely refreshing to have someone of your talents and integrity on S.I., who is also smart enough to listen to the wife and walk the dog. My problem was that I listened to the dog and tried to walk the wife. That didn't work out too well, so the wife left and I got a cat. Don't know if I'm better off though, as I lurk too much on S.I.and despite my DD have not done well to date.Hope you don't mind my lurking you for potential "good" plays, I need a few.

One stock I have done extensive DD on is SNRS. The charts probably
don't look too good now. This co. is in Phase III clinicals to treat hyperopia (far-sightedness). They use a non-invasiveYAG.Holmium laser vs. the current excimer (VISX & BEAM). The Dr.'s doing the clinicals are the ones who just got the financing to complete the clinicals through 2001. Final FDA approval expected 1999. Stock is now $3, and I'm looking to sit on this till 2000 for a target price of $35. I beleive it will go there based on the VISX/BEAM models, which both went over $35 before tanking. SNRS has a better market in that hyperopics are more affluent than myopics are. I have a Red Chip Review & Penn. Merchant Anaylsis. If you care to see them e-mail my profile and I will FAX them to you...

Best regards,
Skane
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