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Biotech / Medical : Schick Technologies (SCHK) -- Ignore unavailable to you. Want to Upgrade?


To: patlew who wrote (72)12/15/1998 9:48:00 PM
From: crysball  Read Replies (1) | Respond to of 83
 
You can't make a Silk Purse out of a Sow's Ear.

The CompuMed announcement should be viewed with substantial caution. The diagnostic information in a conventional X-ray has been manipulated for years using step wedges and comparators and they never got better sensitivity than 20%........i.e. it takes a 20% change to tell you have measurable difference.......by which time many patients have experienced fracture. The physics of the X-ray beam together with the limitation of the recording medium (film) and the loss of data in optical reading the film with a light scanner all add up to a cumbersome, insensitive, and time consuming procedure........but it is cheap. Schick, on the other hand gives the family practitioner, gerontologist, Orthopod, etc a quick, simple, sensitive & reliable mass screening device.

Now that we have clarified the product isssue, it also might be noting the recent management action has destroyed confidence in the stock for months to come, and while I am long, management fully deserves the humiliation being heaped upon them by invesotrs. This recent escapade will certainly bring out the grrenmail lawyers who will be anxious to pillory the those who papered over the events recently disclosed........which will only further depress the stock price. What a way to run a conmpany.