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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease -- Ignore unavailable to you. Want to Upgrade?


To: Lee Kennedy who wrote (2281)4/1/1998 3:24:00 PM
From: Blastenpene  Respond to of 3725
 
<<Imatron in Newsweek. Imatron was mentioned by name and Ultrafast CT was mentioned, which is our registered trademark.>>

Hello All,
I am a long-time shareholder (since 1990) and a new poster to this thread (30 day trial membership). I've not read the Newsweek piece , but the article, in addition to the information released by the company about yet another study confirming the effectiveness of Ultrafast EBCT certainly seems to be driving up interest in this stock. 3.2M shares traded by 3 PM EST. I'd like to see better price action, though - seems to be a ton of sellers every time it gets close to $3.

Although I agree that it will take earnings to really drive this stock, good, thought-provoking publicity will not hurt it - especially in a respected magazine with national distribution.
Can't make heads or tails of the delay in reporting earnings. I was hoping for some announcement from management regarding a marketing plan, etc. now that Siemens is out of the mix, but no luck. In all candor, I can't expect earnings to be good from the last quarter with Siemens covering the US market and the Imatron controlled Asian market in the midst of a monetary crisis. However, hope springs eternal.

Regards to all,

Blastenpene



To: Lee Kennedy who wrote (2281)4/1/1998 5:13:00 PM
From: Brian Moloney  Read Replies (1) | Respond to of 3725
 
That was I who first mentioned the article. I missed the reference to Imatron's ownership. Sorry. There is a great picture of a man carrying a briefcase, wearing a hat, looking like someone out of a Cary Grant or Jimmy Stewart movie. I have no idea what the picture has to do with coronary disease or the scan, but I thought that it was a great picture. it sure caught my eye as I was paging through, much more so than a picture of a scanner would have. At any rate, the Imatron reference was hyphenated and in the print surrounding the briefcase in the picture, so I missed it as I was speed reading. I bet a lot of people missed the word "Imatron", but there were a whole lot of references to Ultrafast CT and it was a very positive article. It mentioned the study that was released today that caused the stock bump.