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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (450)12/22/2003 11:52:22 AM
From: Jibacoa  Respond to of 3722
 
VASC Was up 19.2% at the start of trading today, but it is up only 12.76% at present.<g>

The stock opened with a good upgap after it announced on Friday, after the marked closed, that it had received FDA approval for its "Pronto extraction catheter", which is indicated for removal of soft thrombus.(Like those found after recent arterial embolism.)

bigcharts.marketwatch.com

The stock needs to close above its Nov.25 H of 6.99 before it can test its Sep.22 H at 7.47

bigcharts.marketwatch.com

On a close above 7.50 it may get to test the $10 level.<g>

bigcharts.marketwatch.com

In mid-June VAS received FDA approval for its Vari-Lase procedure for treatment of varicose veins.

For the current year,the company is expected to lose around $0.75/share (better than the $0.89 in 2002) and in 2004 the loss is expected to be around $0.30

Insiders hold more than 30% and institutions around 15% There are 12.8M out and the float is around 8.7M

Bernard