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Biotech / Medical : Cardiac Science Inc. DFIB (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: wolfdog2 who wrote (92)	5/14/2002 6:13:56 PM
From: Marc Phelan	Read Replies (2) \| Respond to of 174

All Nice 10% move in the stock from $3.00. Around April 19th the stock looked as if it needed to breakout. I hope we test those highs in the next few days. Good luck, MP

To: wolfdog2 who wrote (92)	6/1/2002 4:32:31 PM
From: Harry J.	Read Replies (1) \| Respond to of 174

wolfdog2 & thread - the June lockup was extended in phases. Here's the start of a "News" PR. [quoting] New York, New York, May 31, 2002 (Market News Publishing from COMTEX) -- Cardiac Science, Inc. announced that it placed $50 million in Senior Notes with investment funds managed by Perseus, L.L.C., a merchant bank and private equity fund management company with offices in Washington, D.C. and New York City. The $50 million Senior Notes are due in May 2007, carry a 6.9% interest rate, with interest accruing but not payable until May 2005. The investors also received warrants to purchase 10 million shares of common stock at $3 per share and warrants to purchase 3 million shares of common stock at $4 per share. Proceeds from the placement will be used to retire the $26 million senior note issued to Survivalink shareholders in conjunction with the acquisition of Survivalink Corporation in September 2001 and to fund additional growth initiatives. In consideration of the early repayment of the secured note, certain Survivalink institutional shareholders agreed to lock-up the balance of their remaining Cardiac shares for an additional 10 months beyond the previously agreed lock-up expiration date of June 26, 2002. These shareholders in aggregate hold approximately million of the total remaining million shares subject to the lock-up. During the new 10-month lock-up period, only 10 percent of such shares will be freely tradable each month. [snip - more under SI:News for DFIB] This may explain the 20+ cent runup-and-hold we've had the last week or so. Regards, Harry J.