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Biotech / Medical : Biotech & Pharma.T.A,

BIB 84.81

-0.2%

Feb 3 4:00 PM EST

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To: Pied Piper who wrote (582)	6/1/2004 12:32:27 PM
From: Jibacoa	of 3722

SPDE (Indirectly related through its majority ownership of Zargis Medical <g>) Is up 63% after announcing that Zargis has received approval to market its Cardioscan in the U.S. Cardioscan, acquires, processes and analyzes heart sounds to provide results to physicians. It gives an electronic and printable record of a patient's heart sounds. Speedus is a holding company that owns significant equity interests in diverse businesses. It has co-invested with a subsidiary of Siemens in Zargis. SPDE has 30.71M in cash ($1.89/share) and no significant debt.It has a Current Ratio of 10.64 and BKV of 1.927 The insiders hold around 58% of the 16.3M shares (the float is around 6.8M) For the 1st Q of 2004 (March 31) the earnings were $0.62M vs. a loss of $0.08M in 2003 with no significant change in revenues, which were actually lower. (150K vs. 170K) bigcharts.marketwatch.com Bernard

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