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Medical Stocks Yield Mixed Results: LSIK, ELGX, GDT, BSX, ZMH.

Publication: M2 Presswire
Publication Date: 29-JUL-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 July 2004-InvestSource Inc.: Medical Stocks Yield Mixed Results: LSIK, ELGX, GDT, BSX, ZMH(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:07292004

Endologix Incorporated (NASDAQ: ELGX), Guidant Corporation (NYSE: GDT), Boston Scientific Corporation (NYSE: BSX), Lasik America Incorporated and Zimmer Holdings Incorporated (NYSE: ZMH).

Endologix Incorporated (NASDAQ: ELGX) shares lost 10.06% yesterday on above average trading volume at $5.80. Keep an eye on this company for short term volatility as for the three months ended 3/31/04, revenues fell 29% to $820 thousand while net loss rose 66% to $2 million.

Lasik America Incorporated (OTCBB: LSIK) - Keep an eye on this fast growing micro-cap medical stock as the company recently acquired Salus Holdings, a New York based company operating an Italian Kidney Dialysis business, based outside of Rome, Italy. The company...

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