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Biotech / Medical : VISX -- Ignore unavailable to you. Want to Upgrade?

To: yosid who wrote (721)	10/12/1998 9:51:00 PM
From: Toby Zidle	Respond to of 1754

Don't get me wrong, Yosid. I'm not anti-short. In any volatile stock with well-defined cycles, it's natural to make money riding the down-cycle as a short. If you do it successfully, so be it! However, what I see here and on the Yahoo board, goes well beyond capturing the down-phase for a short profit. I'm reading messages of such dire predictions that it would be like hollering, 'Jump off the roller coaster' as it nears the bottom of its travels. Warnings that VISX will collapse while concurrently BEAM will rise ten-fold simply defy common sense. This is not a binary world where one company vanquishes the other. Has it not occurred to the doom-forecasters that companies in a single industry tend to be hot together or to get cold as a group -- commonly called 'sector rotation'? Anyway, my view is that VISX's uptrend is in tact despite the volatility. And let the shorts make their profits within the cycles.