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


To: Bruce Rozenblit who wrote (2661)8/14/1998 10:51:00 AM
From: art slott  Read Replies (1) | Respond to of 3725
 
Well If there will be a payoff from Positron I didn't expect now.
Despite the Japanese economic problems the Gov. will not cut back on preventative health care. The public wants more not less. The Gov. will not make them anymore unhappier.
I'll have to read the news release later, the 4 year old got plans for me.

Art



To: Bruce Rozenblit who wrote (2661)8/14/1998 3:18:00 PM
From: rutz  Read Replies (1) | Respond to of 3725
 
Heartscan sale will result in increase in service revenue for four units. Positron investment came out of Imatron Japan's experience with selling Positron PET scans--the business is there and the opportunity arose. GE sales force in training now for September rollout, new system introduced, 3D scans promising for application expansion, RSNA and AHA coming up in November, Heartscan close brings in $4million plus into corporate coffers and stops the losses attributable to Heartscan. But investor are understandably frustrated. The key question is IMAT worth 3 and trading at 1 7/8? Is 50plus% gain worth the risk? Is $3 too low if indeed the company does book the stated projection of 19 units between now and December? Would 4-5 target price be fundamentally possible? The volume in this stock suggests some investors are judiciously accumulating stock. Publication of a new abstract is pending...So what do I know? I have no opinion....