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Biotech / Medical : Vasomedical Inc.
VASO 0.1600.0%12:08 PM EST

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To: Fred Levine who wrote (1147)3/10/2000 11:36:00 AM
From: Zakrosian   of 1605
 
fred - I agree completely that the key to long term higher share prices will be greater sales. In that regard, the report that they're in 140 locations (their projection for 1999 was to be in more than 100 so it looks like they beat that by quite a bit) might be an indication that this is occurring.

If this means that they've actually sold 140 machines, and the revenues per machine was $200k, then their sales to date would be roughly $28mm. Over the last 14 quarters their reported revenue has been just under 20mm, which would equate to around 100 machines. Is it possible that they may have booked $8mm in the most recent quarter?
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