To: Doug R who wrote (7419 ) 11/10/1997 3:34:00 PM From: James Strauss Respond to of 79378
A Blender Candidate... Doug: Imatron (IMAT) looks like it is ready to break out of a two year trading range to the upside... MoneyFlow is positive, and MACD is positive in all time frames... This recent news release signals greater acceptance of Imatron's Heartscan: ................. Wednesday November 5 8:43 AM EST Company Press Release TEXAS RULING PERMITS DIRECT PATIENT ACCESS TO IMATRON'S SUBSIDIARY CENTER HEARTSCAN-HOUSTON SO. SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Nov. 4, 1997-- Self-Referral Now Allowed for Ultrafast CT (R) Coronary Artery Scan Imatron Inc. (NASDAQ:IMAT) said today the Texas Department of Health-Bureau of Radiation Control has changed its official position regarding patient self-referrals for the coronary artery scan, now allowing HeartScan-Houston to accept individuals without physician referral for coronary artery disease risk assessment. Commenting on the new ruling, S. Lewis Meyer, President and CEO of Imatron, said, ''This decision represents a major victory for HeartScan Imaging and the tens of thousands of Texans at risk for heart disease. We are convinced that the Bureau's change in position is, to a large extent, a result of the support for the Ultrafast CT (R) coronary artery scan among leading cardiologists in Houston. These medical professionals recognize our scanner's ability to accurately predict heart attack by non-invasively measuring calcification present in the coronary arteries.'' Major headlines: .......................... National Institutes of Health Propose 10-Year Study of Progression of Subclinical Heart Disease TEXAS RULING PERMITS DIRECT PATIENT ACCESS TO IMATRON'S SUBSIDIARY CENTER HEARTSCAN-HOUSTON AEA Classic to be Held Nov. 2-6 at the Sheraton San Diego Hotel and Marina IMATRON TECHNOLOGY RECEIVES FURTHER VALIDATION AT INTERNATIONAL ATHEROSCLEROSIS SYMPOSIUM IN PARIS Study Shows Imatron Ultrafast CT Scanner Can Track Progression of Coronary Artery Disease IMATRON ACCEPTS PROTOTYPE "REAL-TIME" IMAGE RECONSTRUCTION SYSTEM FROM TERARECON Imatron Posts $0.01 2Q Loss vs. $0.04 loss Imatron's Ultrafast CT Scan Shown To Detect Heart Disease Imatron Posts $0.01 1Q Loss vs. $0.03 loss Jim