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Biotech / Medical : Novametrix Medical Systems, Inc.

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To: Roland Batson who wrote (155)6/24/1999 10:58:00 AM
From: Wink  Read Replies (1) of 207
 
I looked at a few reports and while I still feel that the Company has a good future, I think it may be premature. The only analyst that covered the Company has stopped (albeit, he was calling it a strong buy).

With all the extra money spent on admin and sales, they have too few sales and net earnings($14k) to support their staff of 200. The projection of $0.05 earnings for the fourth quarter is not very encouraging either since it is usually their best. If they can earn $0.10 this quarter then they may be back on track for next year.

I will hold my current position and see what earnings are before I buy more. If they are bad, then I will probably buy more on the resulting dip. If they are good, I may buy immediately.

Wink ;>)
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