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Biotech / Medical : Eclipse Surgical Tech (ESTI)

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To: kentoo who wrote (34)3/12/1998 11:44:00 PM
From: Gerald Walls  Read Replies (1) of 103
 
I am impressed by recent news releases but am hesitant about buying a stock at 52 week high and negative EPS with FDA approval far away. Is FDA approval closer than I think ?

FWIW, this stock is one of Briefing.Com's short picks. About two days ago they called for it to drop back to 8-1/4 over 10 to 14 days. I made money shorting GNET for a day trade and would have made money shorting GERN except E*Tarde couldn't borrow the shares for me. That was my second short sale and my first profitable one.

I have no position in this stock.

BTW, for short picks check out asensio.com . I have no position in any stocks they mention, but I'm checking things out. Professional short sellers are usually right. The short squeezes that you hear about are a very rare occurrence.
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