***Daily Runners >$1.00*** - Page 26

Doubt if this will go much higher today.

DOW JONES NEWSWIRES

Vascular Solutions Inc. (VASC) said Wednesday a jury found that the company contributed to and induced infringement of a patent held by Diomed Inc. (DIO), and awarded Diomed $4.1 million in damages.

The case related to Vascular Solutions' Vari-Lase products for the treatment of varicose veins, and the jury didn't find willful infringement.

Minneapolis-based Vascular Solutions plans to appeal the verdict, and that it expects Diomed to request an injunction on the U.S. sale of Vari-Lase products.

The company has prepared for the possibility of an injunction by developing a new version of its Vari-Lase fiber.

"Therefore, even if Diomed requests and receives an injunction against future sales of our bare tip Vari-Lase products, we expect to already have transitioned to a non-infringing alternative without disruption in meeting our customers' endovenous laser therapy requirements," said Vascular Solutions Chief Executive Howard Root in a statement.

Vascular Solutions shares fell 3.8% to $10.23 in Wednesday afternoon trade, while Diomed shares were halted at $1.46, up 33%.

-Gabriel Madway; 415-439-6400; AskNewswires@dowjones.com


(END) Dow Jones Newswires

Ok maybe it will go higher but who knows how long the appeal will take for them to get their monies.

im in really small so i figured it might be good for a gap up or somthing. who knows.

It's definetly not bad news for DIO.

going to run here i believe.

lots of buying comming in

Hey it looks good now lol. Boy im kicking myself but oh well.

haha, i added at 1.23 too

great buying EOD

Nice add, I picked up a few this morning .

same here, in @ 1.39. was at 1.40 then averaged down to 1.39 then ran out of money Im hoping for another spike tomorrow.

ok we need to revive this thread now that im out of school!

long NFI 7.40
(great housing numbers just came out)

already 7.57
i say we could hit 7.80 today.

edit: didnt move as much as expected, out at 7.45