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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE

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To: Arthur Radley who wrote (428)2/19/1999 8:59:00 AM
From: WWS  Read Replies (2) of 613
 
TD, short of today's story in the Houston Post, the only thing that will shake this stock loose is FDA approval. If I'm not mistaken, the company (before it merged into Henley) applied to FDA in 1995 for approval of their cold laser therapy for CT. Is it normal for a device to be "under consideration" for so long w/o a decision? I do remember that some of their studies involved General Motors workers, so it didn't seem at all like a shady operation, just slow. Actually, if one wanted, one could get one of these same types of low energy cold lasers for self-therapy even w/o FDA approval; they're widely available for use in veterinary medicine and advertised at various web sites.
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