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Biotech / Medical : LUNR (lunar corp)

LUNR 11.37

-5.4%

3:59 PM EDT

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To: Paul Getman who wrote (15)	8/11/1997 10:57:00 PM
From: crysball	of 29

Visited LUNR recently. It's interesting to note that sales of both LUNR and HOLX axial Densitiometer product lines have flattened. LUNR's Q3 sales growth actually came from the the NMR product they import. LUNR is also introducing a low cost peripheral X-ray screening densitometer for the Calcaneous [heel], which is FDA approved, but no reimbursement is set yet.. However Norland and HOLX are alos in this makret. There also seems to be some question if HOLX is manipulating their #'s by dumping inventory into the distribution channels {Japan the March ending quarter and the US the June ending Quarter. If this is a fact HOLX may have to pay the piper in the next quarter,,,,,,,,since there is only som much inventory a distributor can afford to carry.

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