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Biotech / Medical : Vasomedical Inc.
VASO 0.172+1.2%Dec 12 9:30 AM EST
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To: Victor Cassella who wrote (464)7/8/1997 5:07:00 PM
From: Mark Oliver   of 1605
 
I spoke to Anthony Peacock yesterday on the phone. I asked him when we could see results realeased and he said November.

I said I was pretty impatient as I am more involved with markets that rise and fall based on a couple days lead time, but he wants to assure me that their technology must be accepted by a very conservative group and they must move in this fashion. They are hoping to become an important component in the cardiologists world and a few months won't mean much if they can gain acceptance.

Another issue coming will be FDA approval for the next generation machine. The FDA is reassigning catagories and they expect to have a more difficult approval process, but this will be a greater barrier of entry for competition.

Mark
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