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Biotech / Medical : Eclipse Surgical Tech (ESTI) -- Ignore unavailable to you. Want to Upgrade?

To: taLuis who wrote (39)	3/18/1998 5:51:00 PM
From: Tom Hua	Respond to of 103

Luis, hindsight is always 20/20 <g>. After today's announcement that the company has submitted an amendment to its PMA which was filed last year, I suspect we won't see any more good news in a while. It will take the FDA months before a decision is reached. In the meantime and in the absence of positive news, ESTI will likely drift down as soon as volume dries up. It's hard to say, but I also suspect that the 40% increase since the spike earlier this month has factored in an expected FDA approval. Regards, Tom