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Biotech / Medical : Endosonics(eson)
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To: White Bear who wrote (198)10/4/1999 12:08:00 PM
From: tuck  Read Replies (1) of 205
 
Sahara,

Ouch! JOMED doesn't get the job done, and ESON reports an (.18) loss because of disappointing foreign revenues. After a month of good regulatory news, we get this:

go2net.newsalert.com

This is not the first false start for ESON, and it will take Wall St. a while to forgive it this time. ESON will get another European distributor or market its products there directly. Its direct sales force in the U.S. has done well, so hopefully that will work. It will take a few quarters to become apparent, though.

Cheers, Tuck
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