VISX Message Board - Msg: 3716472

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Biotech / Medical : VISX

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To: Vector1 who wrote (448)	3/15/1998 12:24:00 PM
From: Amy Feller	Read Replies (1) of 1754

>>Paine Webber issued another report on VISX on Fri afternoon. I am not sure if it was before or after the market close. In summary they affirmed their strong buy, raised their price target to $40 per share and provided a new estimate for the year at $1.65 per share. The report further stated that based upon the strength in jan and Feb the $1.65 could well be conservative. V1<< Can someone please explain a few things to a still-novice investor? PW issued a report within two weeks of its last report raising the price target and providing a new estimate (according to this poster). 1) What changed within two weeks for PW to do this other than the price of the stock rising 30%? 2) Why wasn't there a flurry of buying as happened the last time? Does anyone have this Friday report? Amy

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