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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: incomep who wrote (1377)6/16/1999 4:18:00 PM
From: Bill Wexler  Respond to of 10293
 
I don't think CVSN will make a real move until an FDA decision. The key here will be to short immediately after any decision is announced. If FDA approves, you will have a nice short-term runup to short into...if there's a problem, it will be difficult to get an uptick.

This will be a classic "sell on the news" situation because the stock has been pumped on unrealistic market size expectations...much like KERA and BTIM. As soon as real news emerges, the speculative fervor deflates rapidly.