UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934



      Date of Report (Date of earliest event reported): November 16, 2006
                                                        ------------------------

                              POSSIS MEDICAL, INC.
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             (Exact name of registrant as specified in its charter)


       Minnesota                        0-944                   41-0783184
(State or other jurisdiction    (Commission File Number)       (IRS Employer
     of incorporation)                                       Identification No.)



9055 Evergreen Boulevard NW, Minneapolis, MN                    55433-8003
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(Address of principal executive offices)                        (Zip Code)


Registrant's telephone number, including area code 763-780-4555
                                                   -----------------------------

                                 Not Applicable
         (Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ]     Written communications pursuant to Rule 425 under the Securities Act
        (17 CFR 230.425)

[ ]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act
        (17 CFR 240.14a-12)

[ ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the
        Exchange Act (17 CFR 240.14d-2(b))

[ ]     Pre-commencement communications pursuant to Rule 13e-4(c) under the
        Exchange Act (17 CFR 240.13e-4(c))



Item 7.01 - Regulation FD Disclosure

     On November 16, 2006, Possis Medical announced that it will be releasing
fiscal 2007 first-quarter financial results on November 22, 2006. A copy of the
press release is furnished as Exhibit 99.1 to this Report.

Item 9.01 - Financial Statements and Exhibits

        [c]     Exhibits

        99.1    Press Release, dated November 16, 2006, issued by Possis
                Medical, Inc.


                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Possis Medical, Inc.
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(Registrant)

Date:   November 16, 2006
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By:     /s/
        ---------------------------------------------------
        Jules L. Fisher
        Vice President, Finance and Chief Financial Officer





                                  EXHIBIT INDEX

Exhibit No.     Description
- -----------     -----------

99.1            Press Release, dated November 16, 2006, issued by Possis
                Medical, Inc.