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Biotech / Medical : HMSC- A simple breast cancer screening device

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To: FCC who wrote (206)5/20/1998 7:54:00 PM
From: joe  Read Replies (2) of 246
 
looks like they have made some changes for the better.

clinical results that ended on april 30, 1998 will be published around the middle of june. if these results show the same effectivness as past results the stock should react positevly. this will certanly help with new sales, one of the main complaints of doctors was lack of current clinical trials.

last week they just completed training all of the PSSI sales reps. PSSI recieves about a 40% margin on the sale of this product in comparison to about the 20% average of the rest of pssi's products.

august is national breast cancer awareness month and if the clinicals prove solid in june this stock could start to make a seriuos move.

according to the confrence call, they only need about 1000 doctors selling 4 units a day to break even. as of march 31, 1998 the had 330. with the results of good clinical trials this could be all of the ammunition that is needed to start a strong sales campaign.

additionally, with the @ $6 million in cash/money market and no debt they certanly are not going out of business anytime soon. the short position is almost 10%, the shorts are obviously in the money at this time and it would only make sense to cover at least some of the position profitably.

should be an interesting couple of weeks !!!!!
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