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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease

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To: Brian Moloney who wrote (2308)4/4/1998 12:10:00 PM
From: stock bull  Read Replies (1) of 3725
 
<<No, I don't know anything about it, but this is why I don't mortgage my house to buy a jillion shares. My concern is that someone else will develop some great piece of technology that can replace the ultrafast CT before it has a chance to dominate the marketplace. >>

Brian, never were truer words spoken. More money has been lost by those people who try to make a killing in a single stock. As far as technology is concerned, watch out, there's always someone out there who is trying to knock you off the hill. There are very few companies who can remain as the "king of the hill"... not many Microsoft, Intel and Cisco Systems around.

If Imatron continues to move up next week, we may now be showing some institutional interest in the stock. If this week's move is based on recent news and the Tom Brokaw (sp ?) news segment, then I suspect we will see the stock move down.

I can see where it's not easy to get wide acceptance of a new technology in the medical field. Guess this has its good and bad points.

Stock Bull
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