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Biotech / Medical : VIDAMED-"FDA Approval Imminent" (VIDA)
VIDA 0.000010000.0%Mar 7 3:00 PM EST

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To: Stratajema who wrote (42)4/10/1997 1:44:00 AM
From: noronha   of 53
 
To: All
From: Noronha

Hang in there for a nice uptrend-the good news is just starting to come out again and be appreciated. Robert Faulkner at H&Q still remains very bullish and has a strong buy. He did lower his earnings numbers but the outlook remains solid as can be in his view. Still bullish-we'll see double digits soon. As I see it, VIDA is starting to achieve critical mass based on unit shipments and should be hard to push out once the installed base increases. Even if there is competition, they will already have created the standard and urologists may be reluctant to switch to a new product and learn new techniques since TUNA is inexpensive and works extremely well. Comments?
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