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EDAP TMS SA Message Board

  • SOVIETSPY SOVIETSPY Dec 3, 2000 3:11 PM Flag

    EDAP and ULGX deal

    Well, the deal is certainly "great" for edap tm
    sa. Becoming a major shareholder
    in a company
    that is still has not made
    a profit (ULGX) does
    not give edap much.
    I am happy though edap got
    some cash from ULGX
    they certainly need it too
    since they themselves have been loosing money for a
    while.
    Please look at 5 year chart for both
    companies
    .....not a pretty picture ! right ?
    Now, I do want to
    say that at this levels
    EDAPY is cheap and should
    probably trade
    around 1 1/8 or 1 1/4.
    The future of
    this company is going to largely depend on their
    ability to treat
    cancers and urinary stones and thus
    capture the
    market to some degree by the
    attractiveness of their non invasive method.
    Bottom line.....
    stock is down so much that
    it probably cannot fall
    further, it is already less than a $1.
    Feel sorry for
    the investors who bought into it
    four or five
    years ago.
    Feel happy for the people who were smart
    enough
    to short the stock.
    Of course, that's just my
    opinion and I may be wrong

 
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