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Biotech / Medical : NTEG- Bloodless Glucose Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Steve Hudson who wrote (155)	6/12/1998 12:58:00 AM
From: walkers	Respond to of 176

The question was whether insurance companies would support the monitor's use. I think so. Why? If it is painless, more diabetics will test more often. More frequent testing inevitably results in better control. Better control reduces neuropathy, retinopathy, kidney damage, and, as a result, the number of amputations and other horrors which afflict diabetics. Ultimately, the cost to insurers will be less. As for the potential number to be sold, the appeal of this product is mind boggling. I test between 6 and 10 times per day depending upon whether I am working out or engaged in extended aerobic exercise. And, I presently use 4 monitors, not one. I keep one at home, one at the office, one in my car and one in my gym bag. I am not an engineer and I am not a scientist so I have no idea what all the technical jargon means. But, I do know that this is a product with a dynamite potential if it can be marketed. Next question was whether the government would swiftly approve marketing the meter. I think so because the government has a vested interest in seeing to it that diabetics improve their health. Diabetic care, I think I read, accounts for at least 1/4 and maybe 1/3 of medicare costs. So, if that cost can be reduced, the medicare program will be in much better shape.

To: Steve Hudson who wrote (155)	6/19/1998 9:47:00 PM
From: Steve Hudson	Respond to of 176

FWIW, here's a quick interpretation of the price action today. Throughout the morning, NTEG was well-bid and someone was buying above the bid. The Trading action was generally positive and the bid-ask was moving up as volume reached about 30,000. Then, with the last buy at 3, someone placed a block of about 45,000 at 2 1/2, which was then re-sold at 9/16. (It looked like the trade wasn't shopped since the market makers hadn't lowered their bids (and in fact, had just raised them). At that point, I think, all the people who had placed stop losses at 2 5/8 were hit as the market makers just dropped their bids to nothing and took in the inventory. After that, NTEG drifted back to the block trade spread. Steve

To: Steve Hudson who wrote (155)	6/22/1998 4:53:00 PM
From: steve h	Read Replies (2) \| Respond to of 176

Steve, Re: "Draw your own conclusions" - continued I would like to add one word to the advantages of the integ system. Children! My friend has a 4 year old son with diabetes and she does not like having to stick him several times a day and is willing to spend significantly more money to reduce the pain and inconvenience associated with finger sticks. Whoever can get to market first with a non or nearly non-invasive system that is as accurate as todays technology will have a huge opportunity with parents of diabetic children. Steve H.