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Biotech / Medical : Vasomedical Inc.
VASO 0.170+9.7%2:48 PM EST

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To: Francois H. Gaston who wrote (775)12/9/1997 11:53:00 AM
From: Cardiomedics  Read Replies (2) of 1605
 
Your response to Don Walster is a bit misleading and naive when you look at the course of high technology. Number one: the heart association meeting in 1996 is ancient history even the Vasomedical users who visited the Cardiomedics booth this year were impressed and wanted to do research with the system they saw. The augmentation levels that are now achieved rival those of an intra-aortic balloon pump. Number two: Vasomedical does not own the concept of external counterpulsation and your readers need to be aware that many researchers in the 60's, 70's, and 80's have had major contributions to the present position of counterpulsationin in the market today. Many of these researchers have used lineage of the Cardiomedics system. Cardiomedics recieved its 510K in 1987, Vasomedical recieved theirs in 1995 on substantial equivelancy. Which came first the chicken or the egg. Third: What investors need to remember is the General Motors experience when the Japanees came to town in the 1960's. G.M.made a tactical marketing error. The Japaneese didnt have to re-prove the need or function of the automobile however G.M. thought they owned the market. If we build it they will buy it from us was the overwhelming theme. What stock would you like to have invested in back then. Finally, If anyone considers investing in a technology they should go deeper and look at the technology platform that the product is built upon. Cardiomedics controlls all phases of their technology with Silicone Valley support. All parts are controlled and manufactured by U.S. firms and not subject to any foreign controll. If you look at the evolution that Intra-aortic balloon pumps took you will see a parallel experience closer to home. If you have any questions please write back.
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