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FARO Technologies Inc. Message Board

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  • jgarush jgarush Aug 10, 1999 10:51 AM Flag

    MM's shorting this..TAKE PROFITS n RUN!

    LAKE MARY, Fla., Aug. 10 (dbusiness) -- Investor
    interest in Faro Technologies continues, waning only
    slightly since last Friday�s run sent the stock soaring 60
    percent.

    Last Tuesday, the measuring equipment manufacturer
    reported that new orders had cut second-quarter losses
    more than 90 percent. Expecting to see black ink,
    though, an analyst for Raymond James and Assoc.
    downgraded his recommendation from �strong buy� to
    �buy.�

    Jamie

 
FARO
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