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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (17985)4/16/1998 3:29:00 AM
From: dave katragadda  Read Replies (1) of 50167
 
Dear Ike,
AVEI, Arterial vascular engineering should go up after earnings thursday's close. Co. says they are comfortable with estimates. All the cardiologists are saying they think AVEI's stent is superior to every thing else on the market and they are having trouble getting all the stents they need. I think they will have have a blowout quarter. There were 7 MM shorts on this stock. Looks like in the last few days they are covering. My only worry is there lot of call options bought and whether the MM's will try to hold the stock. In any case since they will have good earnings and the shorts need to cover this should move up. What do think about the chart action?
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