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

To: Matt Quigley who wrote (2338)	5/7/1999 4:35:00 PM
From: Joe Lyddon	Respond to of 2395

BICO has been trying to get FDA approval for years! The first model (don't remember #) didn't pass because of not being stable... Standard values changed very easily or something like that. Now comes the second model which is supposed to be better... I wouldn't hold my breath... This business of waiting for FDA approval SUCKs! If it doesn't pass, you'd better be right there to sell or you'll be down to pennies in seconds... From now on, I will prefer to wait for the FDA approval, THEN buy the stock... Even at that, it would probably pullback (just a little) on the news then start it's upward trend. I hope you'll be laughing when this is done... because, if you can laugh, I'll be laughing too... But, I don't ever expect to break-even on this stock. Good luck...