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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: Neil S who wrote (1072)7/16/1998 12:37:00 PM
From: seminole   of 1826
 
Neil

<<Total sales were $3.26 million in the quarter, up from $2.00 million a year ago. MGI posted break-even earnings per share, up from a year ago when it lost $0.06 a share.>>>

I have always used revenue growth as a stock selection tool.
As revenues grow so do economies of scale and earnings. Wall
Street MBAs tend to concern themselves with current cash flow and a
discounted flow of future cash. I watch revenues and competition
that could lead to margin changes, and seem to stay one step ahead
of the crowd.

Oh, and I like the drug too
richard
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