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: Larry Weiner who wrote (41)	4/9/1997 2:21:00 PM
From: Stratajema	of 53

Larry. Wow! I am impressed with their sales for the quarter. So much for my basic math in predicting sales levels. I wasn't even close in calculating sales from the data in their March 14th press release. I was planning to do an indepth analysis of their revenue determination this quarter but it just seems it would be a futile undertaking. January 23rd Statement: "...operating results for the fourth quarter ended December 31, 1996. ...This resulted in shipments of approximately 70 systems during the quarter," March 14th Statement: "James Heisch, VidaMed President and Chief Executive Officer, said that since the TUNA System received FDA clearance on October 8, 1996, the Company has placed over 100 TUNA Systems in the United States." April 9th Statement: "During the quarter (ending March 31st), VIDAMED shipped in excess of 80 TUNA Systems and has now shipped over 150 TUNA Systems since FDA clearance," Sheesshh. I wonder if it would be proper to infer from the above statements that Vida shipped 50 UNITS (approx. $1.5 million of sales) in the last 10 business days of the quarter? Talk about last minute sales rushes. <g> I hope everybody enjoys the stock price gains!! -David

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