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


To: Don Walster who wrote (805)12/10/1997 10:11:00 PM
From: Francois H. Gaston  Read Replies (1) | Respond to of 1605
 
Here is a link I find somewhat usefull for evaluating stocks.

vectorvest.com

Please note that this T.A. business can be complete nonsense when real good or bad news comes in. For VASO, the stock is overvalued at this point... but that could change anytime if blanket reimbursment for the system is given for this therapy or if other results come in or if new indications are found for EECP.

Here is the "VALUE" for Vaso as given by Vectorvest:

"VASO has a Value of $0.30 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock's Price and Value always converge"
From VectorVest analysis, Vasomedical is, today, a penny stock, simply because they are not selling or leasing enought systems....yet (not that we did not know that!).

Here is another example:
DELL Computers (the Wall Stree PC company darling) has a Vectorvert Value of $102.90 per share (ongoing share price = 91 1/8 $ today with a P/E of 39). Although 91 1/8 is less than the calculated Vectorvest value, I am shorting that stock... for reasons irrelevant to this board. Just wanted to give this board another evaluation tool through that link.

Don: I agree that sometimes we become chearleaders and we like our stock too much. It is a very useful to know when to get out from a position. And look for greener pastures.
Good luck all.

Gaston