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Biotech / Medical : ELBIT MEDICAL IMAGING - EMITF - U.S. OTC

EMITF 1.750

+3,400.0%

Jun 20 2:38 PM EST

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To: peter michaelson who wrote (53)	4/11/1998 9:56:00 PM
From: leisuresports	Read Replies (1) of 79

I think in terms of a business being able to produce cash Elscint is probably worth very little. What I don't know is how much it is worth in assets, like land, medical office buildings, etc... I haven't looked into it much, partly because I thought we would be getting about twice as much for the sale of Diasonics (I did not taxes and "expenses" to be so much). Now I think it is more important to try to figure out some of the details. As far as Elscint goes, I don't know much about their products but I do know that Siemens, GE dominate the MR/CT market in the U.S. and the same two with Phillips dominate Europe. Elscint is a small player and I find it difficult to believe they will ever be a big player. Then again, you could have said the same thing about Diasonics - so maybe they will try to sell it off after they turn things around. Pure speculation on my part, I'll try to contact the company when I get a chance and see if they can give me an idea about their plans.

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