Doctor Jack's Stock Medicine

[peanuts]

China's lack of freedom of press and expression is once again reminding all of us of their unease with the information highway. Both SINA and SOHU have been blocked by authorities in Beijing, apparently due to their failure to effectively block access to sites with content the government considers offensive. Is this rediculous or what!?

I go China about 1-2 times a year. Last time, just for the hell of it, I typed in "Tianamen Square" in a search engine. The only thing that came back as a response were tourism sites.

I did not try a search for "falun gong"

The chief export of Chuck Norris is pain.

[Jack Haddad]

Orcl

Aside from strong fundamentals, Technicals are pointing to a new 52 week high. Today's volume is pretty heavy. If 15 is breached, look for 16.25 till you have any resistance

[Websman]

I go China about 1-2 times a year. Last time, just for the hell of it, I typed in "Tianamen Square" in a search engine. The only thing that came back as a response were tourism sites.

I did not try a search for "falun gong"

The chief export of Chuck Norris is pain.

Peanuts, have you rode on the Bund Tunnel tram in Shanghai? Someone must have smoke a few when they designed it...it has all kinds of images and flashing lights as you go through the tunnel.

[Jack Haddad]

Ammd

Between June 12 to 16, Richard Emmitt( General Partner and Director at American Medical Sciences Holdings), purchased a total of 650,000 shares for $16.24 per share. He now owns a total of 1.3 million shares or approximately 2% of the company's outstanding shares. On June 13, another director at the company, Thomas E. Timbie, also bought 5,000 shares for approximately $16.32 each, doubling his holdings in the company.


Does anyone has an opinion on this? It appears that shares have lost nearly 18% since June 5th, after the company announced that it had agreed to pay $715 million for San Jose, Calif.-based Laserscope, a maker of lasers for use in surgery. The stock is currently trading only slightly above its 52-week intraday low of $15.05 from October. This may bea nice technical bounce, no?

[Jack Haddad]

I've spent some time in China and I can tell you from personal experience that most of the younger people would love to leave there.

I concur 100% with you. My parents visited 18 months ago. Aside from the history, they praised nothing about the country. All teens there are immitating the west in any way they can-- coloring their hair, listning to pop and rock music,etc....

[peanuts]

Between June 12 to 16, Richard Emmitt( General Partner and Director at American Medical Sciences Holdings), purchased a total of 650,000 shares for $16.24 per share. He now owns a total of 1.3 million shares or approximately 2% of the company's outstanding shares. On June 13, another director at the company, Thomas E. Timbie, also bought 5,000 shares for approximately $16.32 each, doubling his holdings in the company.


Does anyone has an opinion on this? It appears that shares have lost nearly 18% since June 5th, after the company announced that it had agreed to pay $715 million for San Jose, Calif.-based Laserscope, a maker of lasers for use in surgery. The stock is currently trading only slightly above its 52-week intraday low of $15.05 from October. This may bea nice technical bounce, no?

My brother in law is a urologist in DC area. I was just there the other week and we were talking stocks. He recently did a lot of research on laserscope (the company) and being that he liked what he saw, he purchased prior to the announcement... made a hefty amount to date, but knew nothing about the buy-out. He was on to something, American Medical Sciences Holdings must be on to something, and I think you are too.

Where do you think a good entry point will be? I haven't done enough research, technically, to give any kind of opinion.


Chuck Norris once visited The Virgin Islands. It is now called The Islands.

[Jack Haddad]

My brother in law is a urologist in DC area. I was just there the other week and we were talking stocks. He recently did a lot of research on laserscope (the company) and being that he liked what he saw, he purchased prior to the announcement... made a hefty amount to date, but knew nothing about the buy-out. He was on to something, American Medical Sciences Holdings must be on to something, and I think you are too.

Where do you think a good entry point will be? I haven't done enough research, technically, to give any kind of opinion.


Chuck Norris once visited The Virgin Islands. It is now called The Islands.

I honestly am confused here. The technicals, if they have any merrit, point to a new 52 week low. Fundamentals have not changed a bit. The compnay is cheap relative to its industry peer. Further assuring, the stock is trading at near par valu on PEG basis. I'm so tempted here to buy at current levels.

[Jack Haddad]

Tso

Bought back 100 June 65.00 calls at .05 and wrote the July 60.00 at 6.30

Sold 1 block at 64.81, and bought back the july 60 calls at 6.00/contract. All in all, my net gain on 10,000 shares on this block was 1.25/share

[Jack Haddad]

Tso

Sold 1 block at 64.81, and bought back the july 60 calls at 6.00/contract. All in all, my net gain on 10,000 shares on this block was 1.25/share

All I have remaining in TSO is 3000 shares from 69.30

[Jack Haddad]

Ammd

I honestly am confused here. The technicals, if they have any merrit, point to a new 52 week low. Fundamentals have not changed a bit. The compnay is cheap relative to its industry peer. Further assuring, the stock is trading at near par valu on PEG basis. I'm so tempted here to buy at current levels.

The AMMD purchase of Laserscope surgery center will be accretive to cash earnings per share in 2007 and accretive to reported earnings per share in 2008 and beyond. Unfortunately in this day and age, making an acquisition that will benefit earnings in two years is just too long for many investors in the environment that we are in today. Therefore, the stock is not reacting to the recent insider buying.

[DSteckler]

Re: AMMD

<< This may bea nice technical bounce, no? >>

Perhaps. AMMD bounced off its 200-week MA, at 15. The Volume Flow Indicator continues to weaken, however, (it went negative a coule of weeks ago) and this week's low is lower than the previous low made the week of October 28. If looking for a bounce I'd be quick on the trigger to sell at the first sign of weakness.

[Jack Haddad]

Ammd

<< This may bea nice technical bounce, no? >>

Perhaps. AMMD bounced off its 200-week MA, at 15. The Volume Flow Indicator continues to weaken, however, (it went negative a coule of weeks ago) and this week's low is lower than the previous low made the week of October 28. If looking for a bounce I'd be quick on the trigger to sell at the first sign of weakness.

Thanks, Dave.

[Jack Haddad]

Ammd

Purchased 3 blocks at 15.50 When a solid track record like Vertical Group is buying AMMD, I want to be on their side. The group has a solid track record with other investments, including Wright Medical Group, Lifecore Biomedical and Ventana Medical Systems. Vertical Group also recently spent $7 million to boost its stake in Ev3 by 500,000 shares (see Inside Scoop, "Vascular Firm Gets Another Injection," May 13, 2006). Vertical Group has traded this stock in the past. They last sold American Medical shares from November 2003 to December 2004. In eight separate transactions, Vertical Group sold approximately 785,000 shares at average prices ranging from $11.01 in November 2003 to $21.42 in December 2004 (prices are split-adjusted).

[Jack Haddad]

Yhoo

It's a buy here with heged calls. The projected growth of 25% at 23 times forward earnings is achievable.

http://moneycentral.msn.com/investor/invsub/results/hilite.asp?Symbol=ebay

[Jack Haddad]

It's a buy here with heged calls. The projected growth of 25% at 23 times forward earnings is achievable.

http://moneycentral.msn.com/investor...sp?Symbol=ebay

Sorry, I meant EBAY. Though YHOO is undervalued as well.