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Biotech / Medical : Arterial Vascular Engineering AVEI

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To: Dr. D who wrote (373)10/16/1998 2:49:00 PM
From: Scott Overholser  Read Replies (1) of 410
 
you know the old adage - buy the rumour, sell the news. seriously - i think most folks were expecting a little more from ave. last time ave posted $0.90 against consensus of $0.72. this time consensus was $0.69 and ave posts $0.80 - a little less than stellar and also down 12% sequentially. that is bad news.


can anyone explain why avei is down 3+ points with the excellent earning report they gave? why is it being dumped? volume is extremely higher than normal daily average.
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