Vasomedical Inc. Message Board

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Biotech / Medical : Vasomedical Inc.

VASO 0.155

-3.1%

Dec 2 12:50 PM EST

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To: gene novak who wrote (971)	8/14/1998 9:09:00 AM
From: Jack Ucci	of 1605

I doubt it. It has provided some momentary strength. In any case news of this sort has not materially affected the stock price in the recent past. The stockalert news announcement had much more effect, but only momentarily. Vaso's business strategy seems aimed at achieving technical medical acceptance as a path to increasing revenues. With so many shares outstanding they seem quite a ways from profitability. But their strategy seems to be working (rather slowly). On the other side of the coin their expenditures are also increasing. They seem to be in no rush to attend to shareholder value. The danger here is that rival cardiac therapies will develop before they score major marketing success. My hopes of seeing $4 on this stock are shrinking daily, and I have been a shareholder since shortly before their spike above $4. Can anyone else speak to a different point of view? Jack

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