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Biotech / Medical : NTEG- Bloodless Glucose Monitor -- Ignore unavailable to you. Want to Upgrade?


To: DryHeat who wrote (71)10/28/1997 8:01:00 PM
From: Tevyah  Read Replies (1) | Respond to of 176
 
Integ talks about reason for delay during conference call!

Well folks it seems that the primary reason for the delay has been focused around a change in frequency of the IR detector circuit. CEO Frank Soloman has said that as the characterization of the properties of ISF improved, they found that they could get even better results by examining a different frequency in the spectral band. The parts to do so have been spec'ed, ordered, and are expected to arrive by years end. Design freeze could come shortly after the new units are tested, pending resolution of several other minor design issues which they hope to resolve within the next serveral months. Integs goal is to produce a system that will meet all the requirements necessary for successful marketability and FDA clearance the first time around.

The tone of the call was very conservative and carefull not to be misleading in any way. I can appreciate their position.

Comments about competitors were requested and the response was essentially "Regarding TCPI...have yet to see data supporting their claims...no comment can be made"

Hopes this helps.
Ken

BTW: A grand total of 600 shares traded today below 4 1/2.
500 @ 4 3/8 and a whopping 100 @ 4 1/4 !



To: DryHeat who wrote (71)11/18/1997 8:30:00 PM
From: DryHeat  Read Replies (1) | Respond to of 176
 
Anyone out there?