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Biotech / Medical : Vasomedical Inc.

VASO 0.155

0.0%

3:25 PM EST

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To: Preston Lurie who wrote (872)	2/7/1998 5:14:00 PM
From: Harvey Barish	of 1605

Amen to that. I think what we had here was a case of sour grapes. As we were reminded many times, "I sold my 40,000 shares at $2 and made a nice profit." Me thinks he would have rather have sold at $4 and made an even nicer profit. I believe that all the bad mouthing started a while ago after the stock slid back down to $2 and he got out. VASO is getting stronger all of the time and it is certainly in the best position it has ever been in. Patients are being treated at over 30 centers, income doubled for the last quarter, insurance is still paying the majority of claims, the clinical test sites are converting to commercial sites (this in itself is amazingly good news as these hospitals are intimately involved with the product and the procedures) and sales prospects have never been better. While I certainly agree that profits will drive the price up, and this will happen soon enough, the company (and the stock) needs exposure. All of us have been watching the stock for years but the majority of the investing public hasn't caught on yet. But they will. What Mr. Walster did accomplish however, was to get you guys back on the thread. Hello to all and keep the faith.

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