SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease -- Ignore unavailable to you. Want to Upgrade?


To: TA2K who wrote (3671)4/25/2001 12:43:54 PM
From: TA2K  Read Replies (1) | Respond to of 3725
 
Imatron is holding back the BIG PR.....

My thinking is that Meyer is aware that his (actually Dr. Douglas Boyd's) 'inside' information has been obviously traded on, and he is now a bit scared of an SEC investigation. He may be in trouble on this one. The BIG news has consistently been getting out, before the public releases. And pretty much everyone was 'expecting' the news to be released this morning. If he just goes along with what everyone in the market has had leaked to them, he's even more culpable before the SEC.

Meyer is now in a bind. But he can't hold up on the news forever. I expect he'll release it tomorrow. But a Thursday or Friday news release is not optimal by any means. The 'price surge' anticipated has thus been whittled down a bit, and it will just be a one-day surge.

In other words, my parachute is sitting on the seat beside me, and I've canceled the order with the stewardess on that second bottle of Cheurlin-Dangin Cuvée Spéciale Vintage.

Always tuned!!