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Biotech / Medical : Vasomedical Inc.

VASO 0.170

-0.1%

Dec 16 2:59 PM EST

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To: Francois H. Gaston who wrote (403)	5/20/1997 11:15:00 PM
From: Preston Lurie	of 1605

Lots of volume...why do you suppose there is panic? Sure it seems that way with lots of selling but there could be other reasons like margin call worries ahead of the fomc...since majority of trades could have been in AM. Actually looking at lombard intraday quotes the majority WERE in the AM...I agree tomorrow will be interesting, I disagree that 2$ is right my feeling is ~3 is a fair price before the psychologic affect of a positive press release upon completion of the studies statistical evaluation which we all hope is as good as it seems that it will be... P

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