ESCMF makes equipment to remove varicose veins! Message Board

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Biotech / Medical : ESCMF makes equipment to remove varicose veins!

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To: Philip H. Lee who wrote ()	3/14/1999 10:15:00 AM
From: Bob Davis	of 119

Although it is currently having problems meeting competitive pressures, ESC Medical Systems (NASDAQ:ESCMF) is a key player in the dermatological laser industry, and has been included in an analysis of this segment in The Napeague Letter. Although this stock has been "beaten up" by the market recently, the valuation tools used by The Napeague Letter indicate that ESCMF is currently probably only slightly undervalued. However, if the Company were able to return to its previous rapid growth trend, this valuation would increase dramatically. A number of key indicators which might signal an upcoming turnaround in this Company's market position are laid out in an analysis, including graphics and charts, which can be found at napeague.com The Napeague Letter will continue to track ESCMF to watch for signs that a true turnaround is taking place. Bob Davis The Napeague Letter

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