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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Cytokine1 who wrote (2812)10/9/1997 9:29:00 PM
From: ted birnbaum   of 9719
 
Evening, AICX came to my attention on a 1 million share block trade
today was a buy at 4. I bought the stock purely on the basis of
following the "smart money". Here is a breif capsule from Market Guide
comments on the company or products? Enjoy:
Applied Imaging makes automated clinical analysis systems for prenatal and other genetic testing of chromosomal abnormalities associated with conditions such as Down's syndrome. The company is developing a system to allow prenatal screening for genetic abnormalities by isolating fetal red-blood cells from a blood sample of the mother. The system is designed to improve current prenatal-screening procedures, which take blood directly from the fetus and entail a risk of miscarriage or fetal damage, are costly, and have high false-positive and -negative rates. Applied Imaging has been awarded a patent on its fetal cell analysis technology, which could potentially be used in early cancer detection.

Capitalization
% LT Debt to Total Cap 2%
Owned by Institutions 0%
Market Capitalization 27.7 Mil
Avg Dly Vol (30 days) 14,000
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