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

To: slaffe who wrote (2060)	7/29/1998 5:23:00 AM
From: STRTYZ	Read Replies (3) \| Respond to of 2395

Anyone see this write-up from DayTraders online? daytraders.com Biocontrol has been rumored to possibly being acquired by a well known company. Biocontrol Technology manufactures and sells functional electrical stimulators and other biomedical products and devices. The company has developed a noninvasive glucose sensor, which it is able to measure the concentration of glucose in human tissue without requiring the drawing of blood by means of a finger prick. It makes the Diasensor 1000, which is a spectrophotometer that can illuminate a small area of skin on a patient's arm with infrared light and make measurements, which it displays on the face of the instrument to calculate glucose measurements. There are several positive things that are going to be announced before Aug. 16. 1. The possible acquiring of their company. 2. Europe has approved their sensor and orders are coming in. 3. Since Europe has approved, our FDA will probably give the approval also due to the successful clinical studies. There is a strong need for this product which will probably become the standard device for those with diabetes. The current price is 5/32 {.15625} Price as of tip: $5/32 Target Price: $3 Time Frame: 1-3 weeks BUY Posted on Friday - Jul 24, 1998 at 7:52:24 by TycoonTaz Reliability : Good