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Biotech / Medical : Vasomedical Inc.
VASO 0.170-2.8%2:20 PM EST
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To: Francois H. Gaston who wrote (260)1/30/1997 5:38:00 AM
From: Mark Oliver   of 1605
 
I believe their are better athorities on VASO than I, but they cut expenses by converting debt to a share sale. This has reduced their borrowing expense to nil. I believe they are also in transition to leasing systems. Revenues are coming in different forms.

Hope for good results from the current study. All else is meaningless. If the study goes well and they get acceptance, and backing by insurance, we will all do well. If not, I doubt we'll see much return.

Mark
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