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


To: JS who wrote (2089)8/4/1998 11:43:00 PM
From: Tom R. Jones  Respond to of 2395
 
As an oldtimer with BICO, I can tell you that we will soon see a PR that says:

"BICO is pleased to announce that the meeting with the FDA was very encouraging. The FDA representatives were impressed with the fact that BICO received the CE Mark and completed the home testing of the Diasensor. The FDA will study the data in the coming months and schedule another meeting for the purpose of approving the Diasensor in the US."

The PR might or might not say: "Management is convinced that once the FDA sees that data, it will approve the Diasensor for use in the US."

The reason that statement might not appear in the PR is because the shareholder lawsuit is based on those kinds of statements from BICO.

All this is just my opinion...Tom



To: JS who wrote (2089)8/5/1998 1:09:00 AM
From: VERNIE THOMAS III  Read Replies (2) | Respond to of 2395
 
I know FDA approval is a long shot, but if for some reason they do get it can you imagine what this stock will do. I for one think that this is to good an opportunity to pass up. Just as with any stock there is always risk, but this is one time the risk may be way to insignificant compared to the reward. BICO has already shown its ability to explode so lets just sit back and hope for the ride of our life. Verne.