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Microcap & Penny Stocks : Imatron (IMAT)
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To: Gerald Walls who wrote (115)8/29/1998 11:10:00 PM
From: Kerry C. Smith  Read Replies (1) of 138
 
I think this stock has bottomed. I was grateful to get some more at 1.28. My research indicates there is no competing tech on the horizon. Efforts are being made to get HMO's to pay for these scans, as soon as the first HMO decides a 400 dollar scan is cheaper than a 50,000 bypass, I think this company will fly. I have tried very hard to find a reason for the current slide, but I have not been successful. I am very excited about the recently announced alliance with GE medical systems. I'm sure this will expose the tech to a lot more buyers. That partnership should ramp up pretty soon. I really don't believe that GE would become involved if they didn't believe in the product.
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