big year ahead in 2008, page-8

Well a happy new year to everyone. Hope it all went well and everyone had a nice little break.

No doubt most people are very dissapointed with the way the SP of VCR performed in 2007. However, you must acknowledge the whole picture and that is the progress that has been made and the outstanding results acheived so far. These results will ultimately make VCR the N0.1 contender for best LVAD. In saying that, investors have shunned away from VCR simply because they are still a fair way off making a profit and establishing a viable business. Sales and implants will be crucial to VCR this year more than any previously. I think 500 implants is possible by the 4th Q this year.

Management really need to have a long hard look at themselves in relation to releasing more information. It has been too long for DT unconditional approval. What is the hold-up? And why cant VCR explain it to everyone? They really cause no end of pain for all investors in my book and the need to be more forthcoming in their approach.

Trying to predict where the SP will be in the future is fraut with danger.....even though I and most other people do it. There are too many things that can happen which could make things go either way. For what its worth, this year should provide us with a clear view of what the market thinks of VCR's future. A steep rise in the SP for me will indicate that it has a bright future. On the other hand, a drop in SP will signify that VCR will struggle to turn a profit and more dilution will happen putting a dampner on the SP.

Anyway, enough of my ramblings. Lets see if we get an update on implant numbers and trial progress in the next week or so.