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Biotech / Medical : VISX -- Ignore unavailable to you. Want to Upgrade?

To: Frost Byte who wrote (1247)	8/2/1999 10:34:00 AM
From: Walter in HK	Read Replies (1) \| Respond to of 1754

Frost, when a CFO says, as you quote the URL <<Concluding the meeting, CFO Robert Kelly said that the Company (BEAM) expects to enter 2000 with ''solid momentum building under growing approvals, superior technology offerings and increasing customer satisfaction.''>> then my very sensitive BS detector rings an alarm. A CFO should report results. This one had two major "one-time" write-offs in one year. That is not honest reporting, it is hype to try and please Wall Street. And those Auditors let managements get away with it, much of the herd follows, not taking time to think. I always stay away from stock like that. Never mind that it has an up-gap. Lots of stocks do, one time or another. Just sharing experience ... Walter