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Biotech / Medical : BUY RDOC

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To: Dennis who wrote (13)5/7/1998 6:20:00 PM
From: Jasman  Read Replies (4) of 130
 
I haven't heard anything...

I think Computer Motion is getting noticed and people are buying. New highs mean great momentum... RBOT gained on a down market which is another sign of strength. $20 short term is feasible.

I still like RDOC as a eventual huge winner. IBM owns 30% and I have a feeling that IBM will be increasing its stake very soon. An interview with a couple IBM executives insinuated that IBM will be increasing its resources into the health sector, better products and services.

Do you know of any large shareholders of RBOT?

Also, the rise in RBOT can be due to the fact that a large private company, Intuitive Surgical Devices, which develops robotic devices for minimally invasive surgeries is going public at the end of May or early June. Keep an eye for this one. Morgan Stanley Dean Witter is the lead underwriter.
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