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Biotech / Medical : Summit Technology (BEAM) -- Ignore unavailable to you. Want to Upgrade?


To: ajs who wrote (890)6/18/1998 8:03:00 PM
From: virgil vancleave  Read Replies (1) | Respond to of 1386
 
i hope neither one of us is wrong. may take a while to recover to old highs technically, but fundamentals look excellent. a sustained move to and above 6 would be bullish chart wise and means that will have to average up next month when i have more money.
beam has almost as much cash as their market cap and is now profitable with business improving now that they don't have to spend the effort on courtroom activities. don't believe, just take a look at visx, which is in the same industry with the same technology. only difference is they have investor support. b,eam will when/if it starts to gain momentum and finally recovers to reach new highs. it appears that 5.25 will mark our bottom.
good luck