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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: Bryce Elkins who wrote (2716)7/28/1999 8:58:00 AM
From: Sam  Read Replies (1) of 3414
 
Took a look at my PLMD model last night and it's an "interesting" picture!!! First of all, they have moved to a better performance level: Sales were actually a little lower than my projections, re customers, but earnings per share were significantly HIGHER. The model is now calling for Fiscal '00 sales to come in above $147,485,000 and earnings per share above $1.16. Josephthal's projections are way low at $.83/ share. In this economy, eg. interest rates, inflation rate, EPS, EPS growth rate the price for PLMD should be $50. At $16 it is still significantly undervalued. The key to unlocking that value could come from three, or more, sources:

. Buy out
. Significant major fund/analyst/brokerage sponsorship
. Significant, professional company and brokerage public relations efforts.

Until these things happen there will continue to be price "ebb and flow" volatility that can be used to accumulate more shares. There will be a big payday. Remember that the net float is ridiculously low so when one or more of these three events start all Hell will break loose in the price. This is the time for a little light reading, if you know what I mean. Sam
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