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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (6361)	5/6/1999 11:19:00 PM
From: whyretire	Respond to of 57584

SMPX news biz.yahoo.com excerpt from press release: Symphonix Devices, Inc. Reports First Quarter Financial Results SAN JOSE, Calif., May 6 /PRNewswire In the United States, Symphonix reported that it expects to complete follow-up of its pivotal trial of the Vibrant P soundridge during the second quarter of 1999. Harry S. Robbins, Symphonix Chief Executive Officer, stated, ''We have now submitted to the FDA, under the modular PMA process, a total of seven modules, five of which have already been reviewed and accepted by the FDA.'' Symphonix also announced that it had received FDA approval of an IDE supplement permitting the evaluation of the Vibrant D soundbridge, the Company's latest generation product incorporating 100% digital technology . Harry S. Robbins stated, ''After fitting the device to many of our existing patients, the initial results from the Vibrant D soundbridge have been encouraging and we anticipate being able to submit data for the Vibrant D and Vibrant P soundbridges simultaneously to the FDA in a PMA submission.''

To: Wayne Rumball who wrote (6361)	5/7/1999 8:44:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Wayne, you are right. . .I have not been following any pennies lately, nor have I been keeping up with many boards. I tend to track what I feel is working the best at the time. This week it was the A.T. and T. deals. . .by positioning myself in a place to benefit most from the moves and news, I was able to make an 8 percent gain on family ports of 50 or more issues. That is the most since the week of TUNE. ALL: To some here, an 8 percent gain might not sound like that much in a week's time. . .but try it on 50 stocks. . .let me know the minute you achieve it. . . you will be deserving of terrific praise. And for any remaining doubters, take a peek at the S and P, Dow and Nasdaq averages this week. Wayne, so I'm just making excuses. I realize you don't come here all that often, and rest assured we recognize that and we have all added XSNI to our watch lists. If it continues to see strength, some will jump in. But you know that I don't pull punches. If we both told everyone what they wanted to hear, we would be working for one of the big barneys on Wall Street and making a mint. But we call them like we see them. . .and that's why we are here on SI instead. Funny thought came to mind. . .I owned this one recording studio in California that I managed, too [bad move]. . .People would come to me with these fat wallets and want to spend a fortune on making a demo for their little girl or wife or wannabe girlfriend or worse yet, a record company with their new "find". . .yeah, I could produce them a great demo, blah blah blah, but when it came to the question of "what do you think the chances of making lots of money off this new 'artist' is?" came up, I always tended to answer it the same way. I said, "if you are not in this because you love it or you just have to be part of it, and you are mostly interested in making demos just to make it 'big' and make as much money as possible, then let me give you some good honest advice. . . .take all your money. . . put it on ANY horse in ANY race at ANY track and watch it run. . . the odds of you seeing a return of your money are FAR FAR better there than your chances of making any money in the music biz." Had I just said "good" that studio would have thrived. LOL. . . I have always been most prosperous in the music biz when I allowed my managers to do the talking, because they could just say "good" and keep the cash flowing. "Yeah, we can give you music that sounds green and smells springtime fresh and we'll write in a solo for your daughter to play some clarinet, people will hear this music and want to buy your product. . . just sign here." Perhaps that better explains some of the answers I give people around here. Rande Is