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Does anyone know anything about this company?  The stock is trading at $8.50 and has been basing since October 1996.  Looks like $8.00 to $8.50 is a substantial support level.  There are 4 analysts following the company, and the consensus as of 2/14 is that the company should turn profitable in 1997. The companies revenues grew substantially in 1996 vs. 1995. The net loss also increased, but this was due almost exclusively to a sixfold increase in R&D. The company needs FDA PMA approval in order to start commercially marketing its laser PMR equipment. The technology sounds very interesting. Any heart surgeons out there that are familiar with Eclipse's technology? Comments and thoughts? | ||||||||||||||
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