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Biotech / Medical : Medical Industries Of America, MIOA

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To: Tadsamillionaire who wrote (79)4/3/1997 1:04:00 AM
From: KYA27   of 570
 
Anyone know why volume has picked up latlely, I
suspect investors may be positioning themselves for
the earnings release due out late April.. However,
unsure why stock price has not moved significantly
in response to increased volume.. Do you think MM's
are playing around with this one???? Especially
Wednesday, we stayed in a very tight range, bid and
ask stayed the same all day with over 800,000
shares trading hands...Is this positive or
negative???? In any case, I'm still a very firm
believer in this company, the upside potential in
this stock is incedible. For a company to go from
losing millions of dollars for many years, to a net
profit, this imo will be handsomely rewarded..

A guess we'll all wait and see,I believe this will
turn out to be a real good longterm hold
considering the company's niche market, new mgmt
team, and plans for growth and expansion...

Any comments will be much appreciated... Lou
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