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Biotech / Medical : Utah Medical (UTMD)
UTMD 58.10+2.7%Oct 31 9:30 AM EST

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To: Clouseau who wrote (8)8/19/1996 8:07:00 PM
From: Chris Kay   of 56
 
Hang On, Consider Buying if you have not

Thanks for the info Dave. I'm holding on and will buy more on strength
above 13.00. If I had not bought any shares, I'd certainly be buying
now.

UTMD is hovering around its 200 day moving average. It could go
either way from here. My guess is it will rise.

Incidentally, I discovered a Canadian stock called LGS (LGS.A on the
Montreal stock exchange) trading at Cdn $3.10 with a PE of about 15
and a Price to Sales ratio of about .40. Most U.S. stocks in the
computer services industry trade well above these multiples.
On the Year 2000 problem alone, this company stands to make a bundle
- and it even pays a dividend!

I've established an initial position and hope to add to it as I sell
some other stocks on strength. I'd be interested in your opinion.
You seem to be value oriented.
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