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Biotech / Medical : Arterial Vascular Engineering AVEI -- Ignore unavailable to you. Want to Upgrade?

To: Tradegod who wrote (22)	1/30/1998 9:43:00 AM
From: LevelHeaded	Respond to of 410

Nice trade! Ex any takeover, the stock is due to sell off. TA says it is VERY overbought. Level

To: Tradegod who wrote (22)	1/30/1998 11:39:00 AM
From: cardiologist to be	Read Replies (1) \| Respond to of 410

look at the fundamentals: great stent good sales reps. however, the run up is too fast and there will be a pullback soon. just because someone recommended a target price of 75-80 doesn't justify the stock reaching it in 2 days. it will grab market share and the company will make money, likely 2.oo per share in 1998, but this kind of exponential growth is not sustainable and when profits plateau this company will fall like a rock. i shorted it and so will a lot of cardiologists who helped fuel the incredible run up in this stock. I think in 12 months this stock will be looking like mid 40's to 50's. Everytime someone recommends this company and it shoots up, it gets downgraded by another analyst a few weeks later because the porice has gone up too much too fast.