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Biotech / Medical : Arterial Vascular Engineering AVEI -- Ignore unavailable to you. Want to Upgrade?

To: Dr. D who wrote (373)	10/16/1998 2:26:00 PM
From: Toby Zidle	Respond to of 410

Word from the Yahoo board is that year-to-year comparisons were disappointing vs sequential quarters (or maybe vice-versa). Also there were a couple of downgrades (H&Q, Adams Harkness Hill). But Robertson Stephens upgraded AVEI to a Buy.

To: Dr. D who wrote (373)	10/16/1998 2:49:00 PM
From: Scott Overholser	Read Replies (1) \| Respond to of 410

you know the old adage - buy the rumour, sell the news. seriously - i think most folks were expecting a little more from ave. last time ave posted $0.90 against consensus of $0.72. this time consensus was $0.69 and ave posts $0.80 - a little less than stellar and also down 12% sequentially. that is bad news. can anyone explain why avei is down 3+ points with the excellent earning report they gave? why is it being dumped? volume is extremely higher than normal daily average.