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Biotech / Medical : EYES (Vision Twenty-One, Inc.)
EYES 4.140-5.0%Aug 30 5:00 PM EST

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To: Andy Jones who wrote (50)5/13/1998 7:23:00 PM
From: 007  Read Replies (4) of 129
 
I can no longer recommend this stock as a long-term investment.
Nothing creates value better than poor communications, and for long-term shareholders, there's no reason to add that risk to all of the others.

I don't think I got the straight scoop from IR and the CFO isn't interested in returning my calls. I suspect the analysts aren't pleased for similar reasons.

I'm glad I bailed over the last two days, because I see it broke support today. Although I believe the fundamentals are very good and the business plan is developing nicely, I think there is a real risk here of mishandling communications and presenting an unprofessional image. There's more to management than operations, and I think EYES is just another young company that doesn't know how to handle the market. I don't believe that they're in control of their image.

I will continue to buy it when it's ridiculously low and sell it slightly higher for quick gains. That way you can make use of their shortcomings and not try to fight them.

Best wishes to all,
007

PS For a great undervalued stock on the move up, take a look at UTI.
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