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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease -- Ignore unavailable to you. Want to Upgrade?


To: art slott who wrote (2649)8/11/1998 5:03:00 PM
From: Bruce Rozenblit  Read Replies (1) | Respond to of 3725
 
I think the market misinterpreted the insiders registering their stock options. They did it to prepare for a sale at a much higher price in the next few months and the market thinks these guys are bailing out. Then we get hit with this big correction. Any good news released now will be crushed by the down market.

Japan announced today that their economy is under going a protracted contraction. That's really bad when a government admits things are going to get worse. Postiron was targeted for the Japanese market.

This company is finally in position to generate some serious profits and the market treats it like it was going to file chapter 13 tomorrow.

I think (guess),(ok hope) we saw the bottom today.