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OISI - 2.20 horizontal support tested, new highs today


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#1 hiker

hiker

    independent trader

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Posted 30 November 2006 - 04:45 PM

new high today...


Posted Image

posted this info. on 11/15 at the FF section of this site -

the Point and Figure chart is a bullish configuration, in a sustained breakout since the January 17th breakout alert -

http://stockcharts.com/gallery/?oisi

the product highlighted at the end of this post in the Business Summary will likely continue to be a beneficiary of the aging demographic worldwide coupled with the more intense UV penetration of the earth's atmosphere...

the result of these two factors is widespread acceptance that the percent of the world's population that will require diagnosis and treatment for age-related macular degeneration is likely to increase in the coming decades by a large margin...

for an in-depth discussion and links that explain macular degeneration and its causes see this link to the health-watch site I created last year

http://hiker-healthwatch.blogspot.com/

11/6 earnings summary -

Company Reports 20th Consecutive Profitable Quarter

http://biz.yahoo.com...05422.html?.v=1

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Share Statistics
Average Volume (3 month)3: 24,830.3
Average Volume (10 day)3: 155,475
Shares Outstanding: 16.09M
Float: 5.66M

Balance Sheet
Total Cash (mrq): 5.95M
Total Cash Per Share (mrq): 0.37
Total Debt (mrq): 19.62K
Total Debt/Equity (mrq): 0.003
Current Ratio (mrq): N/A
Book Value Per Share (mrq): 0.395



BUSINESS SUMMARY


Ophthalmic Imaging Systems engages in the design, development, manufacture, and marketing of digital imaging systems, image enhancement and analysis software, and informatics solutions for use by practitioners in the ocular health field. The company offers WinStation systems and products that are primarily used by retina specialists and general ophthalmologists to perform a diagnostic test procedure, known as fluorescein angiography. WinStation systems are also used by ophthalmologists to perform indocyanine green angiography. It also provides digital slit lamp imager primarily for imaging the front of the eye. In addition, Ophthalmic Imaging Systems provides ophthalmic picture archiving and communications systems software for the ophthalmic industry. The company markets its products worldwide, through distributors and direct sales force. It has a strategic alliance with NextGen Healthcare Information Systems, Inc., which provides electronic medical records and enterprise practice management software platforms. The company was incorporated in 1986 and is headquartered in Sacramento, California. Ophthalmic Imaging Systems is a subsidiary of MediVision Medical Imaging, Ltd.

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