VIDAMED-"FDA Approval Imminent" (VIDA) Message Board

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Biotech / Medical : VIDAMED-"FDA Approval Imminent" (VIDA)

VIDA 0.00001000

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Mar 7 3:00 PM EST

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To: noronha who wrote ()	9/27/1996 7:17:00 PM
From: noronha	of 53

To: All From: Noronha Since my last posting, VIDA has been in a narrow trading range-interestingly, the volume has spiked up the last two days (about 300,000 Thursday and 400,000+ today). I called the director of finance at VidaMed, Thomas M. Fahey to ask about the approval process fro TUNA. He said there are NO obstacles for approval at this point and the FDA has no objections-he said the LATEST he sees approval is in two-three weeks from here, but he felt that was a conservative estimate. My hunch is that the unexplained surge in volume is a precursor to what will hapen very soon-approval and a nice pop up in the stock price. I make no assurances, but this looks like a blockbuster niche company with no viable competition. You heard it here first. Hope I am right.

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