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Biotech / Medical : OmniCorder Technologies, Inc. (OMCT) -- Ignore unavailable to you. Want to Upgrade?

To: RikRichter who wrote (53)	11/24/2004 8:34:42 AM
From: Mahatmabenfoo	Read Replies (1) \| Respond to of 63

I have a thought -- no, it's too crazy to mention -- well, maybe not. I mean, maybe it has some merit. OMCT has tried to sell it's medical gizmo for 5 years, without any takers. Do you suppose that hints --- I don't even know why I'm saying this -- do you suppose that hints that maybe its technology sucks? I mean because there's been no takers for 5 years. Probably other things are cheaper or more reliable or both. oh, bite my tongue, I don't even know why I typed that. Still, 5 years... a long time to hype something and get ZERO sales.... and then consider that this is not OMCT technology really -- but now 10 year old (or older) military stuff that's just licensed, not invented by OMCT. I mean... even it the stuff is brilliant, OMCT had nothing to do with it except glue it together and call it medical. Too bad that in the medical field you need something designed from scratch for the job, not brought over (as in this case) from a failed "star wars" project. but okay, okay! You point out that despite the fact of no sales and the fact OMCT keeps decreasing (for 5 years) in its number of employees, it's just a matter of time. Hey, it got some new Board members! Yessirree that's the ticket. Go OMCT! Yeah! - Charles ======= WAKE UP CALL =============== Dig this, from an article in business week: following the Food & Drug Administration's approval in December of OmniCorder's BioScan System. Over the next year, Fauci thinks his 25-employee company will quadruple as hospitals and doctors catch on to the device. businessweek.com The punchline: the article date is June 29, 2000! Now OMCT has fewer than half the number of employees it had then, and it is competing with GIANT medical equipment companies with huge budgets for R&D and for customer support. HINT: hospitals don't buy uncertain technologies from tiny companies that are shrinking and likely to disappear real soon now especially when (as OMCT's record of 5 years of no sales suggests) the technology sucks for its particular use.