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Biotech / Medical : Vasomedical Inc.
VASO 0.173+1.5%3:27 PM EST

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To: Antonios Petropoulos who wrote (366)5/9/1997 2:52:00 PM
From: Mark Oliver   of 1605
 
Have any of you got personal contact with this company? I've had some bad luck lately investing in under $5 dollar stocks who had a lot of promise, but nothing concrete to show. It would be reassuring if any of you had been to a site to see a system, or visited the company. Have any of you attended shareholder meetings? Do you have a feel for the management?

I believe these kinds of projects have a window of opportunity where they are going to be successful. I think the principal players will start to go to other companies when there isn't enough success. I think investors will begin taking profits or cutting losses.

I thought we were going to see an announcement after the cardiologists meeting in New Orleans, but apparantly it was a non-event. I find too much patience is a mistake. This is a one trick pony and if EECP is a failure, so is VASO.

Mark
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