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Biotech / Medical : Endosonics(eson)
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To: longfellow who wrote (150)7/28/1998 5:29:00 PM
From: Scott Tyriver  Read Replies (1) of 205
 
Hello,

I have cut and pasted a comment about ESON from the yahoo board. I am
somewhat skeptical of that board. However, I thought that this post had some interesting facts to consider. Any cardiologists care to respond to what was said about ICUS as a luxury item.

I have been a holder of this stock for some time and would be curious as to the opinions of the medical community regarding these procedures and their feasibility.

"The Cardiometrics deal was very expensive for a product line that is not selling. The Navius deal is a crystal ball approach to the future. They claim that Navius is developing a stent. Just what the market needs, another stent. They talk about combined delivery devices that will include ICUS imaging. I have talked with several cardiologists who do not believe a need exists for such a device. Plus, the price of the device will be very expensive. Hospitals are not going to stock catheters with ICUS, balloon and stent combinations for a variety of vessel sizes. Costs are being monitored closely for interventional procedures and ICUS is viewed to be a luxury item. If you analyze the
sales figures for ESON, the majority of the sales are coming from international. The Japanese market is still tight due to monetary issues. I believe the pullback is coming from analysts who are watching ESON's acquisitions and questioning long term strategies."

Thanks for any responses
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