SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (24300)5/26/2001 10:51:29 AM
From: Rich Wolf  Read Replies (3) | Respond to of 27311
 
OT - Gee Mark, I didn't know you cared. << And if you do not count SNRS out, why didn't you telegraph a buy at 1 and change or even now at 2 and change. You did it at $8 last year. >>

For a fee I would happily provide you with up-to-the-minute data on my investment opinions, and buy/sell calls. <GGG>

<< The bear market does not explain SNRS. >> Sure it does, stock valuations in the short-term are more a supply/demand issue, and in the bear market there was a dearth of buying simultaneous with record levels of shorting across the board. Small and mid-cap technology-related stocks suffered the most, but as my examples indicated many large-caps also suffered.

In re: the sector, you may read my same account. Further, << How correct were your assumptions implied in that post? >> As I had posted, the recessionary environment has slowed capital investment in many areas. A new vision correction procedure which is elective surgery would be more likely to be deferred by patients, and hence it would be more likely that there would be delays in the purchase of new surgical equipment by doctors' groups which were/are feeling the effects of the recession. Sunrise was predictably more sensitive to the recession than a company which was receiving royalties from machines already placed. The increasing evidence of recession required reevaluation of all investments. I hope you took account of these factors since last fall, as I did, even if you didn't see me post about it. <GGG>

OBTW, the 'bundling' of equipment for both LTK (Sunrise) and LASIK procedures is now being addressed by Bausch+Lomb: biz.yahoo.com

If you want to post about SNRS, take it to that thread. I don't imagine the posters here are interested in your OT comments.