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Biotech / Medical : Imagyn Medical Technologies (imti)
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To: Gabriela Neri who wrote (192)6/30/1998 10:09:00 AM
From: Steven Zimmer  Read Replies (1) of 228
 
Actually, as it turns out, the company may be able to sell sufficient assets to stave off bankruptcy Also, as the quarter should show (assuming that the company ever reports it!) sales are up sequentially, costs are down and there is some movement towards radioactive pellets for the treatment of Prostate cancer (viz Theragenics and North American Scientific). If all of this comes together, this could be a nice bankruptcy work out (it already sells at bankruptcy prices) on which one can make a tidy profit.
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