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Biotech / Medical : Henley Health Care (HENL)

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To: Brendan Delumpa who wrote (8)3/26/1997 12:33:00 AM
From: Ira Sacharoff   of 89
 
Red Chip Review expects LMDX to earn 51 cents for 97. Mike Barbour expects a nasdaq small cap listing within the next few months. Even if the Microlight 830 is not approved soon, the progress from the Henley Healthcare division should be enough to propel the stock back up. I wouldn't speculate when, as the market is punishing small cap tech stocks, but I can't see LMDX going much lower, and I figure it should be a lot higher a year from now.
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