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Biotech / Medical : ATS medical (atsi}

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To: xamir who wrote (44)7/29/1997 12:46:00 PM
From: George A. Dubrowski   of 63
 
Howdy Alex:

ATS released earnings on July 15, which exceeded my expectations.
Sales for the June quarter increased by 20% over the comparable Q
of 1996. Additionally, net profits surged to .04 from .02 for the
same time frame. A 127% increase in net income for the 6 months
ending June 30, 1997, .07 vs. .02 for the 6 months in 1996. I am
very pleased with these results. However, the stock price continues
to languish, patience with this stock is necessary.

Regards,
GAD
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