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Microcap & Penny Stocks : Imatron (IMAT)

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To: Chucky who wrote (56)3/13/1997 7:26:00 PM
From: Gary Floerchinger   of 138
 
Chucky, I think that it will certainly have to fall more after today's earnings release, you have seen right? I think if they are going to make it, it is about 2-3 years away, they must turn earnings around or they won't be around. It is a tough call, it certainly appears that they have a great product, you would think that Insurance Co's and HMO's would be high on it, because of the cost factor compared to invasion, there is really no comparison in cost about $400 vs $3500 or so. I think it will take time for it to catch on, but in the meantime it is going to be rough to ride it out.

If you didn't see their earnings post today let me know I will post if for you..

Regards

Gary
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