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   Biotech / MedicalXRAY - Undiscovered Gem


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To: Herm who wrote (15)4/29/1998 12:48:00 PM
From: Jay Rommel
   of 47
 
The only info. I can get directly from them is the plant that
they have here in DesPlaines, IL

I go interested in the company because the plant was visible from
my friend's window ... and when I asked him what DENTSPLY did,
he didn't know so I did some research ... I also heard the company
mentioned on the radio station and liked what I heard.
After doing some investigation in them, I liked what I found
and also noted that they (XRAY) bought a company that was once
owned by the GIANT German company Siemens ... They also bought
a company owned by GE ...

As far as I know, no other company really competes with XRAY,
they pretty much have the Dental (disposables and XARY equip)
cornered ... I saw my dentist last month and 90% of what he buys,
he buys from XRAY ... Now XRAY also bought a software company
that is " fully-integrated software is used in managing both the dental front office as well as in maintaining a data base of information generated in the operatory's clinical environment."

biz.yahoo.com
softdent.com

These guys really have their act together ...
I wonder why the big boys are not following this one???

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To: Jay Rommel who wrote (16)4/29/1998 12:53:00 PM
From: Sharise Brown
   of 47
 
Yes, XRAY has been doing a lot of buying!

Dentsply has made 15 acquisitions in the past 2-1/2 years, all for cash.
biz.yahoo.com

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To: Herm who wrote (14)5/9/1998 10:06:00 AM
From: Herm
   of 47
 
Hi Everybody!

Jeffrey has found a real turkey shoot in CLCX. Selling for $15 and should be in play for months to come! Read some more! Moves faster than XRAY and has a moderate risk. Should be easy for our readers to milk the CC premies. Excellent open interest for easy in/outs.

Message 4391822

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To: Jay Rommel who wrote (16)5/11/1998 5:01:00 PM
From: Herm
   of 47
 
Jay,

XRAY buys up another company in an all cash deal! Does this stock get even a little price pop when it adds good news to the bottom line? The last earning projection pegs XRAY at $1.60 EPS on May 02, 1998. I'm falling asleep monitoring XRAY. Seems like the same trading pattern everyday. Opens on or moves to a high for the day and then glides down to the low and back up again to mid point. The MMs don't even open up all the strike prices. Maybe it's time for ChainSaw Al to become a board member or CEO? :-)

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To: Herm who wrote (19)5/14/1998 3:57:00 PM
From: Jay Rommel
   of 47
 
That was funny Herman.

Seems that no one in the world follows this company.
Maybe they should change hire a different PR company.
(if they have one)

I asked several friends about this company and they have no clue
what XRAY does...

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To: Jay Rommel who wrote (20)5/14/1998 5:00:00 PM
From: Herm
   of 47
 
Hi Jay,

It makes you wonder. There are companies with no track record and no earnings that have price movements on a sneeze. I have been really looking closely at technical charts patterns that sure seem to predict price movements. In particular, opening and closing triangles for gaps up and down. ICST for example!

NXTR seems ready to pop up. FUSE looks like it may bounce off it's 50-day moving average to continue the zig-zap price channel movement.

XRAY traded some interesting option patterns today. 280 contracts for 25 May and 280 contracts for 25 August. Only 10 contracts for 32 1/2 May with a remaining open interest of 224. It appears the MMs are trying to depress (below $32 1/2) the XRAY stock price for tomorrow's options expiration cutoff. Volume was up today and traded 3 large blocks with the last sale of 1,000 shares on a down tick to close unchanged at $32 9/16s. Well, we should see some rock n roll tomorrow.

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To: Herm who wrote (21)5/15/1998 12:27:00 PM
From: Jay Rommel
   of 47
 
> There are companies with no track record and no earnings that have price movements on a sneeze.

Yea, I've been wondering how stocks like KTEL, AMZN, YHOO,
etc ... does it ... Maybe XRAY should change it's name and
symbol so that investors can confuse it for an internet stock.

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To: Jay Rommel who wrote (22)5/21/1998 6:08:00 PM
From: Herm
   of 47
 
FOOD FOR THOUGHT!

XRAY had another nice run up today as is quickly approaching the $35 - $36 new high zone. We are heading into Memorial Day weekend which means most traders will be taking off early. So, Friday should be a low volume but up day for most stocks. I would bet that XRAY will be higher Friday and Tuesday. Monday is a holiday and the markets will be closed.

XRAY had a 2-1 split not long ago and the post-split price was around $25-$26. The market makers have been pumping the stock on low volume the last two days FORCING IT to move higher. Now people, think! If you had twice as many shares and 100% capital appreciation from the split would you be tempted to take some money off the table? You better believe it! XRAY may be up on Tuesday in the morning, but you can bet the funds will start clearing out next week sometime!!!!!! The XRAY chart clearly shows time and time again that XRAY peaks with a new high and then retreats sharply for a few weeks. See for yourself. That is the fund manager's foot print!!! Set the RSI indicator and the 50-day moving average on the upper band. Notice the RSI at 70+ and stock price tops occur at the same time and then the RSI drops off towards 30. The stock price moves 4 to 6 points lower!

bigcharts.com.

The volume will be hugh and the exit faster than you can say covered calls. WHAT DO YOU DO? If you are long on XRAY make sure you sell CCs in the money or at the money around $35 two months out! Tomorrow would be the best bet. Grab those big premies and sit back and watch XRAY retreat back to $30 to $32. The stock should come around again as we get closer to the XRAY dividend payment date and earnings release in late June.

If you are scalping XRAY for quick bucks, sell the stock, buy a load of cheap JUNE or July PUTs at the $30 strike price. You can dump the PUTs in a week or two for a nice $ chunk as XRAY corrects! This is a no brainer option scalper.

SUMMARY:

1. Sell CCs in order to cushion the pull back! Later you will cover for peanuts and keep the major portion of the CC premies. Especially, if you go deep into the money in the CCs.

2. Want to make 40% in two weeks. Load up on the cheap PUTs as XRAY's price peaks! You will be able to unload them at a significant appreciation. You will discover that you can make more money on XRAY by milking it in both directions.

XRAY is a slow pitch that you can hit home runs here and there. It's a CCing beginners stock for sure.

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To: Herm who wrote (23)6/5/1998 12:03:00 PM
From: Intel Trader
   of 47
 
Well Herm, did your CC strategy work for you? BTW, I'm long at 24 1/2 as of today. Possible institutional buying pattern today.

it

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To: Intel Trader who wrote (24)6/5/1998 2:00:00 PM
From: Herm
   of 47
 
Hi Intel Trader,

I opted to take my XRAY profit and run. Never did CC XRAY. The stock was more tame than I realize for me! It still a good long to hold. But, I'm trying to keep the funds working hard to compound.

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