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Biotech / Medical : GSII - GENERAL SURGICAL INNOVATIONS, INC.

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To: Jeffrey L. Henken who wrote (71)10/2/1997 4:27:00 PM
From: Lighthouse   of 211
 
Insiders own a ton of this stock. VC's are still in as well. I believe the former Chairman Fogerty owns apx 2.1 million shares. {Nice to see him buy an additional 35,000 not too long ago.}

Unless some litigation settles favorably in early 98 or JNJ really starts to push their products your $.40 per share estimate for next year looks like quite a stretch. Just my opinion however.

Volumne has been very lumpy on a day to day basis. Somedays only a thousand, then suddenly 100,000. {Looks like today closed with apx. 72,000 shares trading- most in the last 2 hours)

Regards
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