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

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To: GREATMOOD who wrote (2466)5/16/1998 1:09:00 PM
From: Lee Kennedy  Read Replies (2) of 3725
 
I wonder if this paragraph, especially the last sentence, is the cause of yesterday's
rally in the stock.

Lee

S. Lewis Meyer, Imatron's President and Chief Executive Officer, stated, "Now
that the Siemens agreement is behind us, we have begun to implement our new
marketing program in which we are concentrating our attention primarily on
the United States and Europe. Based upon the initial response that we have
received to these new marketing initiatives, we are highly encouraged and
believe that we should have considerable success in our efforts. We already
have a number of sales in the final stages of negotiation, and are hopeful that
they will close shortly."

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