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Biotech / Medical : Vasomedical Inc.
VASO 0.170+6.3%Dec 5 9:30 AM EST

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To: Jack Ucci who wrote (673)11/11/1997 12:07:00 PM
From: Kip518  Read Replies (1) of 1605
 
Was anyone surprised with the news? Probably not. It's what we've been expecting for months. For VASO to get a kick from it, clearly the news has to spread beyond those who already know about VASO. Hence, if there is some coverage on NBC tonight (and maybe NBC wants to counter ABC's exclusive story on VEGF -- these news guys compete after all), that may kick VASO's price up. If so, look for the move to be a quick up, then sell-off. We're still a long way from full medicare & insurance coverage of the procedure. To sell a lot of these machines hospitals have to know they're going to get paid back. Ron
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