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Friday, 06/27/2014 3:22:45 PM

Friday, June 27, 2014 3:22:45 PM

Post# of 1714
Interesting quote from ...cookie from yahoo finance:
"EDAP may be a medical equipment company but it greatly resembles a drug company in that they not only supply expensive equipment but are now furnishing a kit which must be used for each treatment using that equipment. The kit costs 900 euro, that's about $1250. The profit on these kits has been said to be substantial so we can assume it must be at least $500. If they were to have, say. 20,000 treatments per quarter that would be a profit of $10 million. We are looking at a gold mine here."
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