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Re: Breast Implant Approval Seen Imminent For Mentor

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IMHO, They're trying to pump up the stock price! . . . There are too many problems that haven't been addressed. One of these days, the investors aren't going to go for the pre-announcements! Love, RogeneIlena Rose <colibrimama@...> wrote: http://www.forbes.com/markets/2006/07/13/mentor-0713markets06.html Market ScanBreast Implant Approval Seen Imminent For Mentor Kate DuBose Tomassi, 07.13.06, 11:43 AM ET Federal approval of a new silicone gel from breast-implant maker Mentor could happen in the next two to three weeks, according to Piper Jaffray analyst Gunderson. The analyst said in a Wednesday report that betting on Food and Drug Administration timing is always risky, but "we thought an update on the silicone gel situation was warranted even if the FDA can find further reasons to delay."

Current revenue estimates for the Santa Barbara, Calif.-based Mentor do not include a contribution for silicone gel implants in the U.S, said the analyst. Gunderson reiterated a "market perform" rating and $41 price target on Mentor shares. FDA approval would benefit Irvine, Calif.-based Allergan, according to the analyst. Gunderson said he thinks both Mentor and Allergan will receive simultaneous FDA approval and immediately be ready to market silicone products.

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Brigite . . They've been putting out press releases like this for the past year . . . IMHO, it's an attempt to pump their stock up . . . There are a lot of problems to be solved before everything is signed! . . . But they can dream! . . . $$$$$$$$? Rogene

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