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Lumenis Ltd. (LUMEF) Message Board

  • jbubuna jbubuna Aug 8, 2002 1:33 PM Flag

    Tomorrow - $6

    lume show me the money

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    • Any idea why this is moving so well besides an up market in general? The earnings call was "ok" but damnnnnn this is strange. I can't remember the last time it was above $5....oh yes I can I bought a schitload at $11

      • 2 Replies to huskermt
      • Why is the stock moving?

        because it fell too hard. people were convinced, many on this board, that the company would miss Q2, would miss the loan refunding, would lose market share, etc. . .

        now that they recognize sales are growing in a bad economy. they say, hmmmm. . . . a company with $400 M in sales is worth at least $400 M - $800 M market cap. . . . that's gonna support this stock up to the $10 area. . . . then, if they can actually start to make $0.80 - $1.00 a year. . . . . well that's how we get up to $20 again. That's next year's story. . and the company still has something to prove to get there.

        But the stock is just too cheap at these levels. . . . even after big rallies. That's why new buyers appear.

      • lume after the break down to $3.5 a few month ago ,it when up fast to $6
        and then the Shorts came and take for no reason the stock value to $3

        SO now after the report lume correcting until $6 -$7 and then next report if it will be good we going up to 2 digit - $10 and up

        DON'T listen to the negetive people like loonymess and lasrmon .....

        BUY now at $5 because soon it will be $6-$7

        and a give big :-)