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Biotech / Medical : Vasomedical Inc.
VASO 0.167-3.2%1:42 PM EST
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To: Abe Bleich who wrote (347)5/1/1997 4:37:00 PM
From: Jack Ucci   of 1605
 
I haven't sold my shares, which have a basis of 2.75. I think this thread has gone dormant because the story on vaso has been fairly well discussed already and the company's prospects haven't improved recently. With the absence of dramatic news, and the latest report of small revenue there is not much positive to say. Perhaps our expectations for vaso were too high. In any case management have not delivered results that could drive this stock higher. In my mind I worry that if this situation continues the price of vaso could drift much lower, say below 1.5.
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