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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: TATRADER who wrote (1146)6/22/1998 7:49:00 PM
From: majormember  Read Replies (2) of 4140
 
If one wants to see a really beautiful chart, print out VISX
beginning 1995. From June on you can see the volume increase (smart money coming in pre-FDA approval), VISX announcing FDA approval of it's (STAR) Excimer Laser for low myopia in Oct.and price closed above $38 by end of Dec., 1995. I don't know the TA name for the run up between June and December of 1995, but you can directly correlate it,imo, to the FDA announcement and Wall Street building Castles in the Air.

With laser stocks back in good graces (thank you VISX), I see no reason SNRS will not duplicate that rise. Perhaps slower then the
95' VISX rocket but imo, it will get there...Regards, Skane
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