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Biotech / Medical : BICO & VITK -- Ignore unavailable to you. Want to Upgrade?


To: Tom R. Jones who wrote (1800)7/9/1998 12:32:00 AM
From: Terry D.  Read Replies (1) | Respond to of 2395
 
I'm still trying to find a link with the trial results. Has anyone even seen number of patients, results yet? All that is on the web site is beta trials. Until I actually see scientific data from trials I'll consider this another typical BICO no substance release. From so called Yahoo insiders all I get is the runaround. i.e. call for manual, call BICO etc. This information is public domain and BICO should have released it.



To: Tom R. Jones who wrote (1800)7/9/1998 3:26:00 AM
From: Money Maker (MM)  Read Replies (3) | Respond to of 2395
 
************************TO ALL*************************
Please, correct me if I am wrong.

Based on what I read, there are 30M people with diabetes in Europe. Assuming 50% of them or 15M have to check their blood everyday. I don't know how long Diasensor is able to make an analysis. Let's say 10 minutes for using it on clinic or hospital. So, if this stuff, Diasensor 1000, uses in clinic or hospital which opens 8 hours or 480 minutes per day, it means one unit of Diasensor 1000 is able to handle 48 patients per day. How many units will be needed to handle 15M people? 15,000,000/48=312,500 units.

Someone, called Sundance_72, on yahoo board said from $8,000 sales value per unit there might be $1000 net income. It means for 312,500 units equal to $312,500,000 net income. Please, also check out my posting called "a what if" on this thread. The outstanding shares of BICO are around 192,700,000. So, $312,500,000 net income is equal to $1.62 net income per share. How much the price should be to reflect this potential income in the future? 1/8? 1/4? 1/2? $1? $2? $5? $10? $25? That's your part..

I just want to remind you, the 15M number is only a 50%. And also, this is only in Europe. There are a lot of potential in other markets such as U.S., Asia, Australia. Those are BICO's next target.

One question from me, if you have a diabetes and have enough money to spend $8000 for something which reduce your pain on finger, are you going to buy it or go to hospital or clinic everyday?

Good luck to all of you.

MM