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International Investing / Australia (All-Ordinaries)


Subject:  Re: Resmed Date:  2/27/2002  3:32 PM
Author:  harmy Number:  3687 of 6186

I spoke to my broker about 2 weeks ago about resmed - the share price dropped bcs another company has brought out a competitive sleep disorder machine - it is not yet on market. Fischer and Paykel healthcare share price also dropped as did the other main US competitor (I can't remember the name) - he thought it was an over-reaction - so lets watch it and see if we can pick up a bargain.

I'd suggest you watch your buy in point !!
Both Oz and the US charts show that this stock is in a major downtrend with a way to go.
This chart stinks - it doesn't get much worse than this !!

PS Not knocking your FA which was great !!

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