To: Tom Kearney who wrote (26896 ) 1/13/2006 6:35:43 PM From: Bill Harmond Read Replies (1) | Respond to of 57684 12:48 STXS Stereotaxis -- Momentum Profile (11.13 +0.86) -Update- A stock making a strong move this week is Stereotaxis, The co makes an advanced cardiology instrument control system designed to allow physicians to navigate catheters and guidewires through the blood vessels and chambers of the heart to treatment sites. The system uses computer-controlled, externally applied magnetic fields that govern the motion of the working tip. The co believes it revolutionizes the treatment of coronary artery disease and arrhythmias and has the potential to become the "standard of care" for a broad range of complex cardiology procedures. Traditionally, cardiac procedures have been performed via open chest heart bypass surgery. This procedure is very invasive, requiring cutting open the rib cage and spreading it apart. The co believes its system is the only technology to be commercialized that allows remote, computerized control. The co has no direct competitors in this field. US approval has been slower than expected leading to flat yr/yr sales for the 9 mos ended Sep 30 at $12.9 mln. However, that appears to be changing. Last month, the FDA approved a Johnson & Johnson catheter system that integrates Stereotaxis' magnetic navigation system. Yesterday, the co announced a significant milestone with three leading electrophysiology sites becoming the first US centers to successfully treat cardiac arrhythmias.... Although this somewhat-recent IPO debuted back in Aug 2004, lately traders have been seeking underperforming IPOs and pushing them higher. STXS looks interesting as it is close to testing its post-IPO high of $12.67. Mkt cap $314 mn, float 18.5 mn, avg vol 155K.