David M Gordon
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10-29-2004 12:19 PM ET (US)
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Is this a glimmer of the plugged-in future I see on the horizon?
From Briefing.com:
Cyberkinetics/CYKN, a bulletin board stock, is up 80% today after being profiled on CNBC this morning:
The company's BrainGate System is a device that allows people to control computers entirely by their thoughts. The implanted sensor is about the size of a baby aspirin and contains 100 electrode probes thinner than a human hair. Implanted in part of the brain responsible for movement, the probes detect the electrical activity of brain cells. BrainGate has allowed a 24 year-old quadriplegic man to check email and play videogames using his thoughts. The system is in an ongoing pilot study under an Investigational Device Exemption from FDA. These initial clinical results were presented on Oct 8 at the annual meeting of the American Academy of Physical Medicine and Rehabilitation.
BTW, CYKN has little financials to speak of, as it's a development stage company. However, the stock has jumped to over $7 from $1 when the Oct 8 data was presented. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Anyone have any thoughts or comments? David
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