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Technology Stocks : Lance B's : Its A Beautiful Thing
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To: LANCE B who wrote (1638)12/1/1999 12:55:00 PM
From: joepcf   of 4792
 
Do you guys think I'm reading to much into it?????
After reading the following in the news release I'm not trying to pump but 50 sure does seem like a conservative number. It does not say they cannot buy more, and I would venture to guess they didn't commit to more only due to the lack of FDA approval at this time. Which in itself is a large vote of confidence. This could be very huge. I believe the show ends tomorrow. I would expect a follow up news release.

The Cycle of Life Technologies has signed a three-year distribution agreement with a commitment of fifty systems to be delivered within two years. Their distribution channel encompasses an extensive network of international hospitals and physician practices. They are the primary suppliers for various medical services and equipment throughout Canada, Europe, South Africa and the Middle East. Cycle of Life Technologies is also involved in the development of DNA diagnostics and gene therapy with ACGT Corporation of Canada and Harvard Medical School.

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