TS03 Inc Trust Units TSTIF

RE:RE:RE:No real news yet??

[dant2]

Thats pretty funny. Below is an example of Olympus' policy re scope compatibility related to STERIS.  And yet HC facilities continue to use both products. So why call out TSO3 for not having a 'Letter of Endorsement' when they are not provided for the other Sterilizer companies? There are still many plays to unfold and cogs to turn for TSO3 but personally I like the way things are shaping up.
I agree with sell side comments that this is a fantastic buying opportunity for those with a 2 -3 year investment horizon, however a buyout or other pending events could pull this much closer.
SPDMGR1, even if the uptake is somewhat protracted I would not want to be short TOS right now. I've been following TOS closely for over 10 years and things have never looked better. Just my opinion.

GLTA

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Dear Health Care Professional: This letter provides information on the material and functional compatibility of Olympus endoscopy equipment with STERIS System 1ETM. Olympus has not tested the compatibility of STERIS System 1ETM with Olympus endoscopy equipment. As a result, Olympus does not list the System 1ETM as either a compatible or incompatible product for the reprocessing of Olympus endoscopy equipment. For information on the efficacy of the STERIS System 1ETM, please contact STERIS. The use of STERIS SYSTEM 1ETM NON-OLYMPUS REPAIRS does not by itself void the Olympus new product warranty for damage caused by faulty materials or workmanship. However, chemically induced damage (e.g., peeling of the insertion and light-guide tubes, discoloration and cracking of adhesives, and unexplained fluid entry into the endoscope) resulting from the use of a liquid chemical germicide not listed by Olympus as compatible with Olympus flexible endoscopes will not be covered by warranty. Olympus cannot guarantee that any product repaired by a non-Olympus facility will be compatible with STERIS SYSTEM 1ETM. Moreover, if a product is repaired by a non-Olympus facility, the corresponding product warranty may be voided. In the event that your equipment has been repaired by such a facility, please contact the repair facility directly for compatibility information.