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Biotech / Medical : NTEG- Bloodless Glucose Monitor

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To: DryHeat who wrote (137)6/5/1998 7:41:00 PM
From: Steve Hudson  Read Replies (1) of 176
 
Norbert,

I think he left because of a past failure: namely, the fiasco surrounding the wrong specs on the ASIC chip necessary for the new prototype. He fate was sealed then. His leaving says nothing about the present, save that pressure on Knudsen is intensifying as NTEG's stock languishes at these low levels. Again, if the new CEO is announced and he/she is a first rate person, the market will like that very much. The second piece of news, concerning the date on the outliers, will be released, I expect, about 2/3 of the way through the stated 60 day time period. They have built a margin of safety into their time estimates the last several times and it is only reasonable to think the 60 day estimate has the same.

Have a great weekend.

Steve
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