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Biotech / Medical : GSII - GENERAL SURGICAL INNOVATIONS, INC.

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To: Rocketman who wrote (34)4/23/1997 10:28:00 PM
From: Cody Goebel   of 211
 
To all: I dont know if this is the reason but let me throw it out and have the experienced investment/medical minds have at it. I happened to be tracking a firm called Molecular Biosystems (MB). 2 days ago they had a court judgement that rendered a product line of theirs that had previously been treated as a med device by FDA thrown back by the judge based on a competitor's suit to the FDA for reconsideration as a drug. The stock has dropped and suddenly many of the medical device companies I tracked also experienced similar sharp drops yesterday and today. Rman: this is one of your espoused investment interests--do you see any connection or is it just a small stock downdraft?
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