Lidco...the AIM listed cardiac sensor systems developer...is breaking out into new territory today....it had retraced recently on profit taking after recent rises.....its well on the way to next major break out which is being driven by the transition from development company to sales & marketing...Japanese distributor recently announced and 700k sales already made.....share price today 29.75p...my short term target 50p+....could be 1 on announcement of US distributor (which is imminent !!)

Great articles below for background on the company and products:

http://www.cambridge-news.co.uk/search/default.asp

Some useful web links for background research on LiDCO:

http://www.lidco.com/index.asp

http://www.cambridge-news.co.uk/search/default.asp

The options announced today are for the Sales & Mkt Director (Barry) and the FD (Mills)...and they can't be exercised for 3 years...so the two most critical directors to generating revenue and controlling costs....are now effectively locked in for 3 years at least if they want to realise anything from their options....that's very good news !!


Executive Dr T K O'Brien (ceo), R J Mills (fd), J G Barry (s&mktg), Dr D M Band
Non-Executive Theresa A Wallis (ch), A E B Wiegman [RA]


Major Shareholders (25 Nov 03): 77.24m 0.5p Ords - Robert Greenshields 6.53%, Merlin Biosciences Fund LP 4.05%, KCL 4.04%, Jiri Kratochvil 4.04%, Paul Brewer 3.98%, Dr T K O'Brien 12.69%, Dr D M Band 9.14%, Other Dirs 1.65%.

Interview with CEO Terry O'Brien and FD Paul Clifford provide a trading update on LiDCO Group and discuss the launch of the LiDCOrapid v2. They also provide a background to the company and an update on finances.

Click the link below to listen;
http://www.brrmedia.co.uk/event/109636/terry-obrien-chief-executive-officer--paul-clifford-finance-director

LISTEN: Lidco Group (LID) - Trading update

CLICK HERE - Interiew

Tipped in MailonSunday.

Top riser this morning.

Yes, it was tipped in the Mail on Sunday - hence the mad panic to Buy before any reality sinks in.

A 30% rise is indeed good - if you're about to sell. But it's not driven by hard facts, IMHO.

I sold my 10000 at 26.50.
Bought last week after Shares mag tipped at 17
So very pleased.