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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Sylvester who wrote (1329)7/21/1998 12:34:00 PM
From: Gordon A. Langston  Read Replies (1) | Respond to of 4140
 
Averaging down.

See today as an opportunity to average down and am thinking if some are frustrated then they are "short-sighted";)). Buying when the market is quiet should normally be a good strategy. Am adding to my position today.

Gordon Langston



To: Sylvester who wrote (1329)7/21/1998 1:02:00 PM
From: Colby  Respond to of 4140
 
Sunrise definateley has some long term potential, but that is it. The problem with medical stocks, especially ones with no earnings, is they bounce all over the place. There will be news to make them jump, but they always seem to come back, until they finally get approval amd some earnings. I don't see SNRS as being any different. I have a small position and am looking to add to it in the low 6's if and when it gets there. I am not a trader (although I think this stock is great for trading) so I'll just hold on for a while. If this stock meets its potential, 20 in a year will be irrelevant. We'll see 100's in the next five to ten years. That is a return everyone would be happy to have.

On another note, I am thinking about jumping into VISX. They have solid earnings and I have spoken to a few people who are very pleased with the results. Does anyone have any words of wisdom for me. I always have an open ear.

Thanks,
Colby



To: Sylvester who wrote (1329)7/21/1998 1:26:00 PM
From: David Jones  Read Replies (2) | Respond to of 4140
 
I'm in about the same position. I've been lucky and nibbled a couple of points in the past year or so and increased my holdings. But what I have now is a bit in the red.
Last week my chart died and I still don't trust myself. My gut told me to sell half my holdings when SNRS was at 7.82-7.75. But my chart and GREED said I can get 8. I should have know it bounced against those numbers twice.
If your actively trading and you miss the tick the game changes.