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Biotech / Medical : SonoSight (SONO), Handheld ultrasound for the masses -- Ignore unavailable to you. Want to Upgrade?


To: peter michaelson who wrote (358)9/20/2000 2:08:39 PM
From: Sam  Read Replies (1) | Respond to of 365
 
Hi, Peter,
I got out at 27 and change, not long after TriiBoy's warning awhile ago. Saw it go down to the high teens and up to the mid 30s after that, before heading back down to the low 20s where it is now. I think there are too many short to intermediate term issues for the company to overcome to ramp sales in a really meaningful way over the next 6-9 months, and the market itself looks more and more ominous to me. I have been going to more cash lately, saving it for a swoon to come sometime in the next 3 three months. The "swoon" may not come, to be sure, but I'll sleep better with the cash. Not to say that I don't have mostly stocks still, but am probably about 25% cash now in investing accounts, and will be more over the next few weeks (that's a lot for me). It looks to me like SONO will head back into the teens, probably even the low teens, especially if we get general pullback, and will be vulnerable to some tax loss selling.

All IMHO, of course.
Sam



To: peter michaelson who wrote (358)9/20/2000 2:35:21 PM
From: traetzloff  Respond to of 365
 
Peter, I wasn't trying to knock SONO. Its the board that seemed sleepy, not the company.

Tim R