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: Sophie Janne who wrote (114)	4/27/1999 3:15:00 PM
From: Bob Davis	Read Replies (1) of 119

Dissatisfaction with the financial performance of ESC Medical Systems (NASDAQ: ESCMF) has boiled over into a struggle for control of the Company…and the resulting battle is reaching levels exceeded only by The Jerry Springer Show. A "scorecard" for the fight can be found at napeague.com More seriously, 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 intrinsic valuation could 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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