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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (1612)12/23/1998 1:40:00 PM
From: Sam Nizam  Read Replies (1) | Respond to of 11130
 
GSIC is amazing. It's trading like it has a very thin float. I will hold the balance and see what happens.



To: Wayne Rumball who wrote (1612)12/23/1998 1:41:00 PM
From: LANCE B  Read Replies (2) | Respond to of 11130
 
appi- here is what i found out
they took a real chance last year and developed
a product that they failed to get u.s approval.
they have been having this product tested by a few
companies trying to get approval.........
this deal today is a big step toward getting more
regonition of their product....in their release they advised
there would be further deals released....i am pressing them to
feed me some info on that statement.....i like always ,will let you know as soon as i know wayne....
had to go to my office ,and my computer in the corner was calling



To: Wayne Rumball who wrote (1612)12/23/1998 2:55:00 PM
From: khrnyc  Read Replies (1) | Respond to of 11130
 
Wayne,

Thanks for MLRE last week. I'd like to return the favor. Take a look at KERA. On January 12 they will have an FDA panel meeting for a non-laser surgical correction for nearsightedness. In their studies, 74% of folks having the procedure achieved 20/20 or better and 97% achieved 20/40 vision--the standard for receiving a driver's license in most states. If the procedure is approved, they will then compete in the vision correction market with companies like VISX (compare the relative market caps). Recent volume has generally been low and there hasn't been an SI post for Kera since Nov 17th. I think there should be increasing interest in KERA as we approach the panel meeting. I'm long KERA and as always, one should do their own due diligence.

Thanks again for a good thread,
Keith