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Biotech / Medical : Arterial Vascular Engineering AVEI

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To: Markkov who wrote (295)7/26/1998 1:46:00 AM
From: Tim Bagwell  Read Replies (1) of 410
 
I don't know what Piper-Jaffery had to say but First Call shows 11 of 15 brokers up'ing their FY99 estimates in the last 7 days. FY99 estimate is now in a range from $1.99 to $2.87 with a mean of $2.56. I don't see any bad news.

As far as I'm concerned the price action on Thursday was a shake out of nervous money. It frees the way for higher prices once the market correction is behind us.
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