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Biotech / Medical : Vasomedical Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Francois H. Gaston who wrote (778)12/1/1997 10:28:00 AM
From: john view  Respond to of 1605
 
You may not be a professional trader but you have a sound grasp of the fundamentals. Thanks for expanding on your analysis. I see Vaso inched slighty up on early trades today. It will be interesting to watch. When I first bought in, I expected to hold this stock for 18 to 24 months before seeing any large gain and after 14 months, I'm still holding. Once again, thank you for sharing your thoughts. They are very good.
John



To: Francois H. Gaston who wrote (778)12/1/1997 1:08:00 PM
From: Don Walster  Respond to of 1605
 
Thank you for your perceptive remarks about the possible reason for the decline in Vasomedical. Could Cardiomedic FULLY PORTABLE SECP be part of the problem with Vasomedical? Already being extensively marketed, Cardiomedic is FINANCIALLY SOUND, WELL MANAGED. With the head men in cardiology from STANFORD, UCLA, and NYU medical centers they are far from an imitation of Vasomedical. It is also important to note that there is other competition. Reference is made to "the only competitor to the CardiAssist™ system (an importer of a device made in China)."
The use of the word ONLY would seem to indicate that they do not consider Vasomedical a competitor, probably because Cardiomedical uses a somewhat different FULLY PORTABLE method of treatment.
cardiomedics.com
Don Walster