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Biotech / Medical : Vasomedical Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Bill Lotozo who wrote (604)	11/2/1997 8:39:00 PM
From: jack parlevliet	Read Replies (1) \| Respond to of 1605

you cover alot of ground with a quick question. I have owned this stock since nov 95 so I do not consider it a short term play for me. I understand however that there are a couple (million) people who do trade stocks on a very short term basis. I do not think of this as a short term play as my group owns in excess of 100k shares with a profit so far of approx 150-200%. I cannot answer with respect to the bio-med stocks as a group question as I do not trade groups or sectors, only indvidual stocks as I see fit. My mindset is more to the point of "exactly how much do you want from a stock anyway?" A profit of approx 175% in 2 years is OK in my book. As to where the price will go after nov 11, 1 3/4 feels very low. I guess that it would retain about 70% of the gain that it will make in thew next two weeks (gut feel and T.A.) if it drifts back down. Who knows, like I said before sell on news. It is a stock market phenom that defies logic sometimes, hold this stock for 5 more years and you could see 40 per share, the technology could be there, short term prices are not normally dictated by fundementals but market forces such as greed and fear. later jmcp