Heartstream Inc. ( HTST ) Message Board

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Biotech / Medical : Heartstream Inc. ( HTST )

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To: regine who wrote (18)	11/19/1996 3:17:00 PM
From: Larry Fahy	of 97

Regine, I wasn't aware that the segment was a interview with Alan Levy CEO. The piece that was run this morning was, I believe, more effective. Levy failed to stress AMA support for their product as well as the profound impact for the flying public. 2 attacks a week on AA alone. Morning piece showed the unit, a laptop like device with a "Makita" type battery. Electrodes appeared to be in a plastic type membrane, like a whoppie cushion. How's that for technical? Overall, not a bad piece. It was informative. 300 units to AA starting next year at $3,000 to $4,000 each. 300 will cover all over water and some cross-continental AA flights. FAA considering making them manditory. IPO should cover the immediate capital requirements. All of $50 MM still in bank. Product is easily manufactured. No scaleup problems forseen. Only competition appears to be older units, 15-25 lbs vs. 4 lbs. $7-10 thousand vs $3 to 3 1/2 thousand. Heavy maintence vs none. Steep learning curve vs. easily learned. Analysts market projections of over 5000-6000 units 20+MM next year. Just wish Mr. Levy was more dynamic. I know I'd be enthusiastic as hell. Larry

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