SurModics Inc (SRDX)

[bridgeofsighs]

"Other big opportunities of SRDX (notice these have not changed or materialized over the last three quarterly calls)
• Talked about opportunities in the orthopedics business but nothing materialized
• Donaldson – slow to start, will contribute a little next year but further out than everyone expects
• Novacell is a zero"
You make some good points and sound like you know the medical device business. I have one major sticking point to say "nothing has materialized in three quarters" three quarters is nothing in development time. The company has said they were going for proof of principal on the intravitrial implant by running a safety trial which will report this
calander year. The Novocell project is moving forward and is as complicated as any trial one could run. I am working with my father on trying to get a femoral artery device ready to show potential buyers it has taken YEARS not quarters.

PS Us shareholders have seen this before the huge short position because Cypher will fall into oblivion been there done that.We were gonna be happy with 30% of the world market after Taxus launched so I think we can live with the 20% you forcast now.