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Biotech / Medical : GSII - GENERAL SURGICAL INNOVATIONS, INC.
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To: Lighthouse who wrote (144)11/12/1998 7:35:00 AM
From: Epics  Read Replies (1) of 211
 
Well, at least there is a light at the end of the tunnel, distribution agreements are plentiful (US Surgical + others), they won the case against Guidant (although it is under appeal) and they still have boatloads of cash to see them through. I still would like to see a buyback with some of the cash, like a couple of million dollars. They don't need as much cash as they have.. However, I do credit GSII Management for waking up and releasing information lately, 2 pieces of news in three days. Very impressed. How do you think it will trade over the next 12 months. I think if the appeal fails, the revenue generated from that sector of the buisness could send this one flying
to god knows where.
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