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Biotech / Medical : Vasomedical Inc.
VASO 0.155-3.1%Dec 2 12:50 PM EST

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To: michaele23 who wrote (1082)2/29/2000 7:48:00 PM
From: john view  Read Replies (1) of 1605
 
This is truly good news. The stock will probably slip back for a number of reasons. Foremost there are 51 million shares out there at a variety of prices. I suspect many who bought vaso several years back at 4 are still holding. They may likely dump tomorrow in an attempt to finally recover lost money. I believe one of the largest benefits from this news will be that a few mutual funds will now look at vaso as a stock to place in their portfolio. If that happens, then the price should strengthen and firm up around $8 - 10 dollars within the next two weeks. Lastly, if the cardio conference in Boston contains good news for Vaso followed by a good earnings report, then we should test even higher levels.
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