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Biotech / Medical : Arterial Vascular Engineering AVEI

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To: Gloria G who wrote (126)4/20/1998 10:43:00 AM
From: Kailash   of 410
 
Gloria -

I agree this seems like an incredibly successful company and it is very puzzling that the market is going against it on stellar results - especially in light of what it did to KTEL this morning! But I think your argument about brand loyalty is over-optimistic; AVEI itself is a newcomer, and gained market share because of a superior product. If the competition catches on, the prices will fall - and AVEI will look like a very different company if the price moves towards production costs. What else do you think could be depressing the price so dramatically this morning?

Kailash
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