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Biotech / Medical : NSIX -- Neuromedical Systems, Inc.
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To: David and Elena Krikorian who wrote (52)10/14/1997 2:04:00 PM
From: ajulius   of 137
 
Unfortunately the stock is starting to pull back as I write this.

The recent news media coverage of Medical Mistakes I thought would have helped to propel the stock a bit higher. I think the AMA said that your chance of a medical mistake was one out of 200 or something like that.

CYTC just released earnings today, but it appears all the stocks in the industry are taking a beating today.

The CEO news would help if it came, but dont expect it till December at earliest.

I do think NSIX has potential and do expect the price to increase over current levels in the future in the long term. But for short term right now, be cautious.

If Papnet could get some meat on it to bite so to speak, then it would be great. But right now the meat hasn't come in yet. In clinical practice PAPNET seems to be accepted so that looks good. But Papnet needs something innovative or something to happen to it for it to be a real winner as right now its losing money overall. Overall NSIX has great potential, but there are probably hundreds of stocks on the market where it has great potential but it never materializes. Once the meat comes in to show that it has materialized if it ever does, only then can we see NSIX take a huge upward swing.
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