Isolyser (OREX)- Any comments Message Board

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Biotech / Medical : Isolyser (OREX)- Any comments

OREX 0.223

-34.4%

Apr 3 5:00 PM EST

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To: Kelly R. Conaty who wrote (458)	6/28/1997 10:24:00 PM
From: rgerson	of 617

Here in South Jersey their White Knight custom packs are well regarded. Their sales rep told me that she signed up a four hospital system. She also told me that she lost the Biodegradables at a hospital in the western suburbs of Philadelphia because OREX was not part of the large purchasing group that they signed on with. I spoke with the materials person at that hospital before this happened and he said that they were very happy with the OREX biodegradable system and were lookig forward to the release of more packs. I believe that the company with their choice of CEO recognizes that they will have to partner one way or another with a larger entity to gain any market share. The price of the stock is below book value (unless they have incurred more debt since their last report), therefore I do not believe there is a lot of risk left in it for someone willing to wait about 2 quarters to see if things start to happen.

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