Arterial Vascular Engineering AVEI Message Board

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Biotech / Medical : Arterial Vascular Engineering AVEI

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To: John Rowton who wrote (118)	4/18/1998 8:56:00 PM
From: Kailash	Read Replies (2) of 410

John - I agree that there is something going on. The volume was the largest ever in a single day - nearly ten million shares - going nowhere. Somebody seems to be unloading in a big way on strength, timing it to coincide with the announcement of the blowout earnings. As of New Year, even the largest shareholder had only just above two million shares. Short interest in March was about 7 million and rising; apparently people are not covering. What's your take? Is the company already fully valued given current earnings, or overvalued in light of future competition? Kailash

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