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Re: cashclan post# 6590

Monday, 10/25/2010 9:27:38 PM

Monday, October 25, 2010 9:27:38 PM

Post# of 9838
I've been in the medical field for 30 years. By no means does that imply I'm and expert. However from my experience. This is the deal with new technology. You have a aging physician population that is and can be very resistant to change and/or new technology... they must be educated. So, yes it could be all about a medical journal release. Hospital must see a revenue flow from the investment of new technology or it must effect the DRG (diagnostic related groups) which effect there bottom-line. So the administration has to be sold on the technology. You also have 100's of Physician fighting for Capital expense dollar each year, everyone wants to be 1st in line for there pet project. Which is their life bread for making money. So there are many budget considerations. There are also many other things to consider but these are some of the basics. It will happen, but a lot also depends on the investors and their longevity to support the stock and the sales process. Until a Medical consensus is built it can take a while. The good news Wellstar technology is not like all the other medical technologies out there. Wellstar is the sole distributor. So get on the boat and stay a while if it's that important to you, it's probably not a loser.