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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: E who wrote (2668)	7/11/1999 4:13:00 AM
From: Duke	Respond to of 4140

LVC Sector closing Numbers for JUL-8-Friday All Data taken from Yahoo. Symbol Last Change VISION-CORRECTION-PROPRIETARY.LASERS VISX 89 1/2 -3 1/2 -3.76% Mkt Cap 5.657B wk = open 86.5 closed 89.5 = +3 BOL 76 1/2 +1/4 +0.33% Mkt Cap 4.364B wk = open 78.5 closed 76.5 = -2 BEAM 19 5/8 +1 3/8 +7.53% Mkt Cap 831.7M wk = open 20.31 closed 19.62 = -.69 SNRS 18 3/4 -1/16 -0.33% Mkt Cap 792.7 wk = open 13.5 closed 18.75 = +5.25 LASE 16 3/4 +1/16 +0.37% Mkt Cap 261.7M wk = open 17 closed 16.75 = -.25 CENTERS LVCI 67 +1/8 +0.19% LZRC 51 7/8 +1 5/16 +2.60% LCAV 11 1/8 -11/16 -5.82% EYES 8 3/4 -1/2 -5.41% OHSI 7 7/8 -1/8 -1.56% LSK.V 4.40 -0.90 -16.98% GBV.OL 1.45 0.03 +2.07% MANUFACTURES-JOBBER JDSU 166 7/8 -4 -2.34% ESMC 2 3/8 +1/8 +5.56% MEDICAL IRIX 4 3/4 0 0.00% COHR 18 7/8 +1/8 +0.67%

To: E who wrote (2668)	7/11/1999 4:16:00 AM
From: Duke	Read Replies (1) \| Respond to of 4140

Were you hoping to buy SNRS last week and just never got around to it? If so you may be kicking yourself, because as of the latest trading day, it reached a new high for the past year. It opened at 19.500 and was most currently trading at 18.812 on volume of 6,084,800 after having sold for as high as - yes! the new high for the year - 20.375 and as low as 17.437 - which is a 16% trading range. This means that from a technician's viewpoint, no other significant resistance currently lies ahead of this stock within the one-year framework, because it has already crossed it. The number of shares which have been traded on this latest trading day represent 436% of its average daily trading activity over the trailing thirty days. At least one moving average indicator (the 200-day) suggests that this stock technically may have risen too much and/or is too expensive from a longer-term perspective. This does not mean that the stock is about to fall. Actually, it indicates that it still appears to be in a bullish trend. This analysis is based on the fact that the stock price is so far above the 200-day moving average. If you look at the stock price in comparison to a 50-day moving average, the company seems to be in a bullish trend, as the price is far above this lagging indicator. Note that some people consider this to be an extended or overbought condition. In closing, let's look at a much shorter moving average line. The 10-day moving average in this case is incredibly higher than the price line. Looks like it's been in and still continues to be in a bullish trend. But recall that some technicians would say that this could signal an oversold or extended condition. If that were indeed the case, than a fall could be in the future - though the timing is not able to be determined. Remember that moving averages can help you see if an existing trend is still happening and help in distinguishing when a change in trend has happened. On the down side, it will not let you know ahead of time that a change is about to occur. Conservative investors often look for a stock price to close above the 200-day moving average as confirmation of a positive trend change before putting their money in a stock. A combination of these averages is probably a wise thing to consider. If you decide to do this, remember that the shorter time period moving average line should be above the longer one in order to support a bullish stance. According to indicators constructed from a variety of moving average and relative performance criteria, this stock has superior technical strength over the long term. But it hasn't always been this way, as values have recently increased by a significant amount. Short term technical indicators are at exceptional levels, but this does not necessarily say anything about the short term outlook. What it means is that the scores for indicators such as short term moving averages, price, and volume are above average at the moment. You should also consider SNRS's long term technical indicators. The values of short-term technical indicators have recently increased by a modest but significant amount. Though on any given day, it's usually a good idea to check whatever news items are posted for stocks that interest you, today that is especially so concerning this stock. The fact that the share price for this company gapped up at the open by more than 5% from its previous close indicates that some noteworthy event most likely occurred after the close of the prior trading day and before the open of the latest one. Your next step should definitely be to check whatever news items are posted under this stock with Comtex and Reuters. Reference: Dcipher (click upper right corner) tscn.com regards, Duke