BISN - Why the activity Message Board

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Biotech / Medical : BISN - Why the activity

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To: garden_man who wrote ()	1/27/1999 4:09:00 PM
From: tom	Read Replies (1) of 304

Wow! Over a million traded!!! Something is up. I didn't realize it, but I just found out today that BISN has applied for medicare approval on, I think, their incontinence device. He said that he didn't know why the sell-off, but suspected it was short selling. Jack said they should hear from medicare "momentarily". Don't know what that means exactly. His time frames have been known to be quite off, but we'll see. Of course, I'd feel much better if the price were up on this kind of trading. I still think that the recent rise in stock price has little to do with medicare. We've been through this several times before, and pending news on medicare doesn't drive the stock very much. If the recent runup was because of medicare, than today is a good indication that they won't get the approval. At least things are getting interesting. -tom

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