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Strategies & Market Trends : The New Economy and its Winners

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To: John Carragher who wrote (39274)	1/24/2008 7:05:04 PM
From: Bill Harmond	Read Replies (1) of 57684

Listened to the Cardica conference call. Steady as she goes, orders accelerating. Last questioner is worth listenening to. Asked estimated annual market opportunity. Company answered using procedures x prices and came to $1 billion in US. Frame of reference, company's current enterprise value is $111 million. I conclude my 50-bagger is really possible. Pretty astonishing. Also asked about any discussions with ISRG. Company said none at present, other than their increasing cooperation in joint surgeon training, and demonstrations at medical conferences, etc.

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