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Biotech / Medical : Respironics

RESP 50.79

+0.2%

Jan 26 3:00 PM EDT

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To: ManyMoose who wrote (98)	1/3/1999 11:17:00 PM
From: John Anderfuren	Read Replies (1) of 103

I had to fight it out with my insurance company to get them to cover the overnight evaluation and another 2 years in the billing process back and forth. The cost of the machine is about 200 and the rest is margin and mark up for the hassel of getting insurance to kick in. Great product, but a slow sale growth rate without active insurance acceptance that use can save them money in the long run. Somn which I pegged on the 31st is another solution which I'm looking into for my son, as he would not consider using a machine. Looking for a move up to 5 on this one in the short term. Only picked up a 1000 a little over two . I would have picked up more if I'd known it was going to pop over 50%, though tech's showed a possible break out.

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