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Biotech / Medical : BICO & VITK

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To: Terry D. who wrote (1876)7/11/1998 5:29:00 PM
From: steve armon  Read Replies (2) of 2395
 
So it looks like this is a company with management involved in lawsuits with a product which if it does what they say it does would certainly sell like crazy. Why would a company not be bragging about a machine like this if it was at all accurate in measuring blood sugar. This is what worries me. The granting of a CE Mark does mean that the machine does what it claims to do....measure blood sugar. But the accuracy is another matter altogether and is still in question. If European Dr's get a hold of this and find that it is not measuring accurately they won't buy it and the stock will tank. I guess this is my long way of saying if I do buy stock it will be a day trade for the ride up (if there is one) on the momentum. But the fundamentals are too scarce for a long term hold. Have I got it right?? Any thoughts?
Steve
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