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International Investing / Australia (All-Ordinaries)

URL:  https://boards.fool.com/i-spoke-to-my-broker-about-2-weeks-ago-about-16810594.aspx

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.


Judy
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 !!
http://clearstation.etrade.com/cgi-bin/details?Symbol=rmd&Refer=http://clearstation.etrade.com/

Regards
Harmy
PS Not knocking your FA which was great !!

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