Caprius(CAPR), Breast MRI(former ANMR/MAMO) Message Board

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Biotech / Medical : Caprius(CAPR), Breast MRI(former ANMR/MAMO)

CAPR 5.935

-5.5%

Nov 7 9:30 AM EST

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To: luis a. garcia who wrote (2438)	1/21/1998 3:08:00 PM
From: Joerg Jagnow	Read Replies (1) of 2615

To all, I'm coming from the presentation at Frankfurt in germany. Only 17 people were there. The diner was respactable. The room too. Jack Nelson and Enrique Levy gave information of caprius. My first impression: A really good product but the wrong people. Some Answers to the questions in the past: Jack and Enrique hold less than 5% of the outstanding shares including their options. GE held around 13%. Jack said, that this contract with GE says, that without acceptance of Caprius GE can't get more shares. There was no guy send from GE to Caprius. The votes for these shares are at hands of Jack and Enrique. There are 7.2 Mil. shares out. By the way they said that GE and TREX are distribution partners for the Aurora. But they say nothing about activities of this partners. All they stated was "we do" not there were significant activities by these partners. Falkner runs well. They showed a patchwork-video of of TV-reports of the Aurora. Enrique statet that they will become profitable at the end of 1999. Revenues from Aurora installation in 1998 around $ 1 Mil. To finance the time between, they will sell their rehab-centers. All announced installation except Texas are on revenue-sharing base. If we believe the perspectives, this may be a good and long holding business. But this comes from 2000. They think, that they need 2 more years to get significant sales of the system. The handout-material is worth. The had a slideshow for their performance but it was not part of the handout-information. The whole presentation and discussion goes 1.5 hours. My impression is, that I have to think about my investment at least about the volume. This was a short report from the first row after a hard work with my dictionary. regards and wishing the best for us all Joerg P.S. For my surprise they had spoken in a clear english.

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