here is the note on ARAY

Discussion in 'Stocks' started by executioner, Jun 19, 2007.

  1. ARAY Accuray: Checks indicate Q4 trends are extremely strong, CyberKnife prospects are substantial - Jefferies (22.13 ) -Update-

    Jefferies says their channel checks for ARAY indicate that trends in Q4 (June) are extremely strong, and they think that the co is poised to exceed their rev, EPS, and CyberKnife placement ests. Firm also says that a recent competitor's report estimated only 9 new CyberKnife orders in Q3. Yet based on discussions with mgmt, firm is confident that the number of new system orders in Q3 was ~19 systems. Further, firm believes that the competitor's low est applied undue pressure on the stock, creating a significant buying opportunity at current levels.
  2. FLY7788