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Biotech / Medical : Conceptus (CPTS)
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To: Kartik Sayon who wrote (10)6/12/1998 2:58:00 PM
From: Rainforest  Read Replies (1) of 23
 
This is a long-term play. The share price will be in double figures IF and when their S/TOP birth control coil proves effective and begins to replace tubal ligation as the dominant female contraceptive procedure wordlwide. Short-term, the share price will begin to move up as their falloscopes and sheaths are adopted by gynecologists to improve the diagnosis of infertility and replace hysterectomy with hysteroscopy by making the latter a safer procedure and eliminating the disadvantages of removing the uterus. The stock is now selling below CASH book value. The last week? Probably market makers shaking out the faint hearted. Piper Jaffray is the biggest player in this stock and they are notorious for this kind shenanigans.
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