Summit Technology (BEAM) Message Board

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Biotech / Medical : Summit Technology (BEAM)

BEAM 25.03

+1.3%

Nov 26 3:59 PM EST

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To: WHL who wrote (754)	3/14/1998 6:09:00 PM
From: Paul Kelly	Read Replies (2) of 1386

Value Line's current write up on BEAM is dated yesterday. To be honest, I can't see why they are giving their outperform rating of 2 to the company. The comments which they themselves emphasize are: Summit's earnings are discouraging, The equipment market appears to be getting overcrowded, Summit may need to redefine itself, It's most valuable asset may prove to be its cash. I would not like to be long (as I am in BEAM) in a stock they don't like! The final emphasized remark is that the shares are speculative but offer possible rewards commensurate with their great risk- Well, I guess I have seen quite enough of the risk part. C'MON REWARDS! Something MUST be, HAS to be underway with this company. But I have to admit I am getting tired. I started buying early in 1990 and like most long term holders must feel, I've been through the wringer. Hope there is something to that darkness and dawn business. PK

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