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Biotech / Medical : Summit Technology (BEAM) -- Ignore unavailable to you. Want to Upgrade?

To: GBT who wrote (1125)	3/24/1999 10:39:00 PM
From: AlienTech	Respond to of 1386

Good luck on your BEAM short!

To: GBT who wrote (1125)	3/24/1999 10:58:00 PM
From: TATRADER	Respond to of 1386

GBT--take a look at VISX...Yes VISX controls most of the market share, and the market has put the PE of VISX into the stratosphere...BEAM is a turnaround and if you do some figuring on the present increasing revenues, a $1.00 per share could definitely happen within the next 2 years....Give it a reasonable 20 PE, and you have a 20.00 stock... I would not want to be short on this stock yet...

To: GBT who wrote (1125)	3/24/1999 11:11:00 PM
From: Forest Gump	Read Replies (1) \| Respond to of 1386

Hey, you posted that all over the place... how's it hangin shorty... better cover quick

To: GBT who wrote (1125)	3/28/1999 7:37:00 PM
From: Walter in HK	Read Replies (1) \| Respond to of 1386

GBT, in hindsight again, the settlement was known and I knew too, that that $35 Mill chunk from VISX distorted the Q. So, now BEAM is still up. Why ? Perhaps the market reacted more to the "decreasing losses" and the ATCI takeover being the only hope for the future. You noticed that even BEAM, in the latest S-4 amendment expects to have 80 % of sales and income from ATCI's laser which has only been produced for inventory (if at all) because of the VISX patent litigation - held off till May. I will consider BEAM when I hear that there is a new CEO and I am impressed with his track record. So, why do you think BEAM is still up substantially from pre-Q announcement ? By now, everybody has taken the $ 35 Mill into consideration as being one-time. Mind you, the cash helps to buy ATCI ! Or do you think the ATCI tracker is so much hot air ? I posted the results submitted to FDA (among other things) on www3.techstocks.com It would be interesting, but exceedingly dangerous, to go short ATCI if the merger falls through ....some short squeeze if it doesn't !