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Biotech / Medical : ABMD - Replacement Heart System
ABMD 381.020.0%Jan 3 4:00 PM EST

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To: fp_scientist who wrote (77)7/26/2001 9:33:03 AM
From: Alan Brezin  Read Replies (2) of 147
 
My 2 cents: The stock is not yet perceived as a value, only a speculation that the heart will be commercial. It has to be proven and widely accepted that the replacement heart will be an accepted widespread solution to end stage CHF vs LVAD and transplant. I think it certainly will be, perhaps even surpass by far those options. The company is being intentionally low key and infrequent in its news releases and promotion and giving very conservative news reports when they do. They don't want to give false hope to many out there right now that would jump at the chance to have one implanted to save their life and in fact are banging down the doors even on this subdued reporting because it isn't possible in those numbers yet. Those demanded numbers are the reason this venture will be successful commercially. I believe the technology is perfected or close to it and it will only get better with refinements like miniaturizing all the components. It will be very cost effective for insurance companies to pay for this device since it will alleviate long term medical care and hospitalizations for chronic heart failure patients and post heart transplant medical management which is very expensive and never ending. I think I know a little about this as I survived an LVAD and a heart transplant 6 1/2 years ago and I am doing fine now. JMHO!

alanib
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