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Biotech / Medical : Boston Scientific (BSX) Any Comments??? -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (720)2/24/2000 5:33:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 798
 
Hi JS, Since August of '99, the average cost of all the shares I've accumulated in BSX is $24+. Unfortunately these new shares are tied up for now as unprofitable.

The remaining shares from earlier purchases are profitable enough that the overall account is still profitable. I figure I can bide my time. As you pointed out, everybody hates this stock and this product line. That's a sure sign that its over-sold.

Best regards, Tom



To: Jacob Snyder who wrote (720)1/20/2001 11:19:06 PM
From: Toby Zidle  Read Replies (1) | Respond to of 798
 
Jacob, It's been about eleven months since you last posted on this thread. In February 2000, you wrote: "I've been accumulating 2002 calls 25s, whenever the stock is below 19. Now have 300 contracts, average price 4.81. May start buying the 2003s when they are available. I see zero downside potential, with the stock at 19, and the potential for the stock to hit 50 before those calls expire."

Hindsight says we could lose 35% from your $19, and we're in the red at this moment. Tell me if you reevaluated and got out, or if you're more enthused than ever with the same long-term target.