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Biotech / Medical : Laserscope (NASDAQ LSCP)

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To: Stocknot2215 who wrote (83)8/28/1997 4:59:00 PM
From: Jay Malde   of 314
 
Some company news from this morning:

Laserscope to Market Aura Laser in Japan

Standard and Poors, Thursday, August 28, 1997 at 11:50
Aug. 28, 1997, Laserscope (LSCP) reported that its Aura Laser System was approved for sale in Japan by the Ministry of Health and Welfare.
The company said it expects to begin marketing Aura, a portable,
desktop-sized medical laser, in the fourth quarter of this year, focusing on the ear, nose and throat market. The system will be sold in Japan by LSCP's distributor, HOYA Continuum Corp.

My comments:
The company said that Japan represented the second largest market
potential (behind US I presume). The stock hardly moved today!
What is the potential revenue expectations from the Aura Laser
sale in Japan?

Jay.
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