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Politics : Ask Michael Burke

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To: re3 who wrote (95510)	4/13/2002 11:53:31 AM
From: tom r. phillips	Read Replies (1) of 132070

from this bird re. VASO: it hiccupped on revenue and got battered last week, but i think there's now a ... uhm ... er ... a buying opportunity for a 2 to 5 year hold. (i bought back yesterday at 2.60 what i'd sold before the earnings report and added more to my long position.) in the conference call (available on replay), management gave guidance predicting revenue this quarter which would be a 34% increase year-to-year and nearly 50% over last quarter. they have secure patents and FDA approvals and the prospect for more indications (e.g., for chronic heart failure) is strong. Medicare now reimburses for the treatment and has recently increased reimbursements, making an investment in equipment more attractive to the hospitals, cardiologists, and GPs. 80% of patients who are treated improve significantly; 53% discontinue nitroglycerine use. there are anecdotal reports that the treatment may help diabetics with circulatory problems, Parkinson's patients, erectile dysfunction, and on and on. there have been no insider sales of stock for nearly two years. a look at the bios of the board of directors inspires confidence, FWIW. Tom

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