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Biotech / Medical : Endosonics(eson) -- Ignore unavailable to you. Want to Upgrade?

To: Judy Muldawer who wrote (130)	4/3/1998 4:20:00 PM
From: yehuda fruchter	Respond to of 205

That's the spirit. Anyway stock was downgraded today by a brokerage firm(I forgot which). They lowered their estimates. Clients of that brokerage firm probably had advance knowledge of the downgrade yesterday and sold out. The important thing here is to lengthen your timeframe. The story with ESON could take another 6 months or so to pan out. So if you are a long-term diversified investor (looking out 3 years or more) there is no need to worry about this little blip. Best of luck. Yehuda

To: Judy Muldawer who wrote (130)	4/3/1998 7:44:00 PM
From: Hanney Yin	Read Replies (1) \| Respond to of 205

Judy, " I make it a policy to not sell at a loss. Besides, there is always hope for the future." Selling at a loss, not only hit our purse, but also hit the ego. the last is the hardest. trying to hope for future is kind of too emotional. This street is paved in BLACK OR WHITE, no grey. You either making money or losing money on Sch D. What I am trying to do is if the company's fundalmetnal changed, I admit my mistake and unload, and move on. Street keeps me humble in a way I learned that if I am right 60%, I still making 10% profit. my philosophy, cut loss short, leave profit long. That is what I am going to do with this stock: study their competitor, find out more fm peers, if there is not bright market, regards less how much cash they have, regardless of the fact insider buying, I am out