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Biotech / Medical : ARTERIAL VASCULAR ENGINEERING -- Ignore unavailable to you. Want to Upgrade?

To: Zeus549 who wrote (289)	11/2/1997 12:04:00 AM
From: bullw	Read Replies (1) \| Respond to of 339

Lee, I posted this in another site a short time ago: Recent Forbes magazine article was critical of AVE's ability to sustain future earnings. Also a company, Cordis, has named AVE in a lawsuit concerning patent infringement. If you or anyone who follows AVEI can shed further light on these negatives, I would be super appreciative. The price has held up well since Monday's drop. I have a position, but am nervous after a run up from the single digits.

To: Zeus549 who wrote (289)	11/3/1997 7:38:00 PM
From: Jeff Gurian	Respond to of 339

It appears, to me at least, like this whole thing has calmed down. I think everyone is realizing, finally, that Asia is really not going to do all that much to our economy. We are still down more than 10% since Aug. (something I just learned last week), so are PE's still to high? I agree with the deflation notion, but I think the FED can solve that one by putting more money into the economy (to a point, of course). You dont sound cynical, just cautious and no one can balme you for that. I think the market will get back on course, not like it was, but the small investor group seems to have ridden out the recent madness without a panic. So long as nothing makes too much money flow out of the big funds, and that seems to have stopped. I happen to think AVE is about as good as were going to get it. I dont think it will fall back to the 40's and if it does, it wont stay there for long. The call of the 30's- now that sounded cynical. Im going to wait a few days just for safekeeping, but Im thinking of getting back in before its too late.