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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (49706)1/13/2000 3:36:00 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 122087
 
SNRS<--changes approval request in such a way that it couldnt get turned down.now watch the tsock tank like a brick...

This is thge best news ,,now ther eis no more FDA crap to prevent the stock from falling all the way to zero ...when ther is no market for such a pathetic and minscule mkt.

This time, Sunrise presented data from two years instead of
18 months and changed the approval it sought.
Originally, Sunrise asked the Food and Drug Administration
to approve the three-second laser procedure for "correcting" mild-to-moder
hyperopia, the medical term for farsightedness. The company changed
that request to "reducing" mild-to-moderate hyperopia "where the
magnitude of correction diminishes over time."
The company's rationale: hyperopic patients over age 40 continue
to lose vision over time as the eye ages and loses elasticity,
making it unable to focus on objects near and far. These bifocal-wearing
patients, according to Sunrise, will continue to lose vision with
or without a laser procedure.
The FDA, which doesn't have to follow the panel's advice, will
make final decision on the product and its specific approval.

Sunrise's study showed that some patients still needed to wear
glasses or contacts after the surgery. Also, the procedure worked
better on older patients than it did on younger ones.
Sunrise said about 37 million of the nation's 60 million farsighted
people fall into the mild-to-moderate range and will therefore
be eligible for the procedure.
The laser works by sending two separate rings of eight lasers
into the eye around the field of vision. This warms the collagen around the cornea, causing it to shrink and change shape.



To: Anthony@Pacific who wrote (49706)1/13/2000 3:36:00 PM
From: gladman  Read Replies (1) | Respond to of 122087
 
Interesting post...

>>Mp3.com is gonna get sued
by: j_h_199 1/13/00 3:05 pm
Msg: 3313 of 3315
A legal friend of mine says this is nothing more than a big fat copyright
infringement case. Fed statutory damages are $10,000 per occurance, and
MP3.com said yesterday that they had encoded 40,000 CDs!

Assuming ~10 songs per average CD and 2 copyrights per song. Thats 8 billion
dollars in copyright liability alone. And that's before you start counting
each unlicensed stream at $20k too! (Remember, 2 copyrights per song)

I wouldn't be surprised to see the record companies and music publishers
just sue them for the cash.. Mp3.com's pockets may be deep, but they arent
that deep!

Does Robertson actually think he is going to get away with this for more
than a day or so before half the music industry sues him?

I'm actually surprised they haven't sued him yet.. <<