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Biotech / Medical : ISGTF or ISO Toronto shares traded 400,000 shares May 24

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To: Link Lady who wrote (46)5/15/1998 12:57:00 PM
From: Sultan  Read Replies (1) of 112
 
Wendy:

Listened to their CC. I expect things to improve, share price too, going forward but it will take couple of quarters before market notices them again. The co. and the management spent last 4 quarters building confidence again with their main OEM clients. One reason they have left the cash on hand untouched but now that they have established stability, things are expected to pick up. They also hired a senior person (real top notch recruit) from Siemens Medical business to lead their Surgical imaging business. Going forward, expenses are expected to be stable, cash on hand expected to increase, they will make a decision on how to use the cash on hand (acquire another co. ?? or something else), Step up IR activities with institutional clients (this might be 2 quarters out) etc.

Their next quarter is generally the strongest of the fiscal year, so that looks good. Finally, check out the news release to-day on NT product release (which was actually released end of March but they are finally getting around to telling people)

192.139.81.46
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