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Biotech / Medical : World Heart Corp - WHRT and TSE/WHT
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To: Fred J Bealle who wrote (31)2/27/1997 11:26:00 AM
From: Dan Hamilton   of 500
 
>>WHRT investors should not set their sights too high.>>

Fred: you know as well as anyone the market traditionally accords very high valuations to companies in late stage development with promising technologies. Why is Thermocardiosystems hovering in the $1 - $1.2 billion market cap range, if not for the expectations of institutional and retail investors? World Heart's technology is certainly superior (if not quite as far along), at 1/20 the market cap.
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