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Biotech / Medical : Endosonics(eson)

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To: Judy Muldawer who wrote (130)4/3/1998 4:20:00 PM
From: yehuda fruchter   of 205
 
That's the spirit.
Anyway stock was downgraded today by a brokerage firm(I forgot which). They lowered their estimates. Clients of that brokerage firm probably had advance knowledge of the downgrade yesterday and sold out. The important thing here is to lengthen your timeframe. The story with ESON could take another 6 months or so to pan out. So if you are a long-term diversified investor (looking out 3 years or more) there is no need to worry about this little blip.
Best of luck.
Yehuda
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