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Strategies & Market Trends : The picks

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To: Steven Messina,L.M.T. who wrote (5104)	2/14/1997 2:30:00 PM
From: Steven Messina,L.M.T.	of 6124

To All Medium - Long Termer's Here is a stock I've been in for quite some time: MAMO Advanced Mammography Systems Inc. is the developer of the only FDA approved MRI breast imaging system.....known as "Aurora". On Wednesday MAMO announced they had closed a $1.5mil private placement. These monies will secure MAMO's position in this industry as well as assist with forward advancement/strategic placement of Aurora systems worldwide. Negotiations are currently underway to secure an additional $10mil in financing. In the meantime, Aurora is gearing up for widespread commercial use in hospitals across the nation and abroad. For those not aware, magnetic resonance imaging is a non invasive test utilized for diagnosing soft tissue abnormalities, ie. breast cancer in this instance. MAMO is the only company that has been given FDA approval, therefore making them the monopoly in the marketplace. Currently shares of MAMO rose 14.9% today and is holding at $2/sh. For those interested in stocks under $5, please check into this. I believe there is some recent news on yahoo: quote.yahoo.com Regards, Steve

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