The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Paul A who wrote (3771)	12/24/1998 8:39:00 AM
From: Vic	of 90042

It looks like POSS could break out this morning.This may be good for two or three days if the short are forced two cover. They should get FDA approval in the next 30 to 60 days. Possis Medical, Inc. is a developer, manufacturer and marketer of medical devices. For the three months ended 10/31/98, revenues increased 36% to $1.9 million. Net loss increased 15% to $3.2 million. Revenues benefitted from growing physician acceptance and sales of AngioJet and Rheolytic Thrombectomy System drive units and disposable catheters and pumps in the U.S. Higher loss reflects increased sales and marketing expenses for AngioJet and higher debt levels.

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