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


To: Thai Chung who wrote (2936)3/1/1999 8:57:00 AM
From: WHL  Read Replies (1) | Respond to of 3725
 
This is intelligent divestment of non-productive assets that IMAT does not have the capital to develop. The alliance with GE is paying off in ways that were not to be anticipated (capitalizing the purchase of HeartScan sites by unrelated 3rd parties). Things are looking good! This should help stem the flow of new share certificates to finance the HeartScan debacle. A little improvement in SE Asia, a little less HeartScan, some share repurchases (I wish), a little operating profit and presto- IMAT gets back over $1.75.