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Biotech / Medical : Acuson (ACN) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Fisher who wrote (52)11/5/1999 11:00:00 AM
From: axp  Respond to of 55
 
Not anymore. But I still had a book mark on this subject and when your post came in I was shocked to see that it had fallen below 10. I worked for Acuson briefly many years ago and kept 100 shares just so I would get the annual report and keep in touch. But eventually that got boring with the absence of any really new products or technology and I sold out at ~16. For years there have been rumours in the Ultrasound industry of real-time 3-D imaging, and I thought an initial version would come out of a startup and then ACN would pick up on it and do it right. This is how they made money in the past. But that doesn't seem to be happening as fast as some thought it would.



To: Jim Fisher who wrote (52)11/12/1999 12:18:00 PM
From: E.J. Neitz Jr  Respond to of 55
 
Jim, Started to Buy

Have owned it on and off over the years. Great balance sheet, the valuation is a steal and technicals have turned up; money-flow etc! There had been one persistent seller and It appears they have exhausted the selling..hopefully.
Best wishes. Ed