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Biotech / Medical : Vasomedical Inc.
VASO 0.171-0.6%Dec 10 3:54 PM EST

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To: Vin P who wrote (542)9/14/1997 9:24:00 AM
From: Francois H. Gaston   of 1605
 
As of today, there is NO reason for the stock to go to $10 because of the large number of floating shares. If it does go to $10, watch out, because the company will not be able to make money that fast and warrant a stock at 10$ at this time (IMHO)
On the other hand, VASO will be in great shape as a company if the study is very positive.
Again, whatch out for price predictions. At this time the stock is going up purely on an "expectation of good results" and because of massive inflow of short-term traders.
Beware folks. Invest on price retraction... don't jump and try to catch a stock which has become parabolic... there is plenty of time until November.... just IMHO.
Then again, maybe somebody knows something I don't.
Good luck all.
FHG.
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