RE:What is next?GrahamB wrote: The Mayo clinic becoming a user of the VPT, has been mentioned on this board hundreds of times. Now that it has been announced, the market reaction was...... meh
Why?
Time will tell, but as I noted before, there have been other users Leading institutions in Canada, UK, Duke…
The point is, a single centre using it, is not enough to drive an entire sales program.
There has to be demand, and that there has to be value that is clear, and will be driven by cardiologists and radiologist worldwide.
For now, Phillips has the Epic system there is Tomtec, Multiple other small groups are working with AI,
A search of AI in cardiology has reveals many emerging competitors, with exciting products applying AI. AI is booming. VPT was one of the first -but so was Packard-you only find thier cars in museums or antique car rally's.
So at the end of the day, you have to prove that your product is easy to use, better, cost-effective, and there has to be a sales team that backs it up.
To me, this is what has been lacking.
Like I said, when I reviewed this a couple years ago, I couldn't see the traction for this and I still don't.
But opinions are Are just that whether it be the pumpers here or myself. I'm just a realist and I looked for facts. I look for data. I look at the financials, and I have never seen any significant sales when I looked back, I only see financing Being required to survive and no significant demand or sales from the cardiovascular community. I wish this wasn't true, because I think we need to have great advances an imaging for those of us that need imaging, and of course for children.
I'm just not convinced it's here
OK, I will sign off until we see the financials, which is the part I like to review. But just remember, don't trust anything you read on these boards by anyone including myself. It's all just for entertainment and education. I have fun reviewing these stories and seeing if the financials will back it up. I only found out about this company from old dog a few years ago who is pumping this on another board. So, it's just an opinion, for me, just education, not to invest with, just for fun. Nothing I enjoy watching the pumpers squirm and try to explain away why things aren't going the way. They said it would, I'm agnostic to that.
Graham, I'm sure that one of these days you'll get off your soap box. Or are you here to collect your brownie points? I noticed they have been shrinking very fast on this forum. G1945V