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

To: RockDoc who wrote (4050)	11/12/2000 10:09:34 AM
From: MGV	Read Replies (1) \| Respond to of 4140

Companies with good models and products have exceeded estimates and their stock prices have fallen. It is these companies that will stop falling, not the ones like SNRS that are producing numbers that disappoint expectations. Don't confuse the SNRS decline with a bear market in technology. Pay attention to their capacity to meet or exceed forecasts. I saw forecasts on this thread for as high as 70 machines sold and $15 million in revenue. It appears some of you wanted to believe that garbage. You all know it came in at 48 and $9 million. The stock has continued to decline because it is coming short of forecasts. Try buying companies that consistently manage to surpass forecasts. You have an opportunity to do just that at a discount to a few months ago. You will find better results there.