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Biotech / Medical : NSIX -- Neuromedical Systems, Inc.

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To: TLWatson59 who wrote (72)1/21/1998 7:26:00 PM
From: Daniel Rimar  Read Replies (1) of 137
 
Please read: The new press release was not from NSIX, but came out of Chicago. I don't think the study is very a very fair representation of the cost effectiveness of Papnet. I work in the field and use Papnet. The cases for this study had already been screened by a cytechnologist and determined to be negative. If the cases were screened by a competent cytotechnologist you would not expect to find many new abnormal cases out of that case pool.

From the press release: "Laurie Mango, chief medical officer for Neuromedical Systems, said the study's results can be called into question because they came from a high-level lab not prone to mistakes and involved a well-screened group of women whose smears had already been tested twice."

If these cases had not been pre-screened, Papnet would have found
many more abnormal cases per negative case, and the cost effective-
ness would have been much much better.

Right now all cases for sent for Papnet testing must first be screened
by a cytotechnologist, and be determined that they are negative. If
Papnet should ever receive FDA approval for primary screening this
would not be the case.

This little gem today cost the stock $1 per share or 25%. I think
we may be getting into buying opportunity territory. I hope this
study will be looked at for what it truely says which is that even
acompetant cytotechnologist may occasionally miss an abnormal case,
and Papnet was able to find these abnormal cases preventing false negative results from being released for a patient.

Dan
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