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Technology Stocks : Medtech Inc (MDTK)

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To: Raymond2 who wrote (36)10/25/1999 9:24:00 AM
From: Raymond2  Read Replies (1) of 66
 
From Raging bull mdtk:
Reply To: 97 by deerkiller Monday, 25 Oct 1999 at 9:17 AM EDT Post # of 99
Deerkiller your wrong ( in my opinion)- the overall mkt condtions have never had any effect on MDtk stock price. This is not a macro issue, it is co
specific. They have been trying to get stock up all this time. If it were that easy to manipulate the stock up
with press releases they would of done it before. They had a lot of high exposure client signings in the last 4 months.The problem here is obvious- the
co needs better PR. and some big buyers. The co has moved a head with their biz. plans - they have to show the same energies to get wall st's
attention. I think some of the problems have been the co. didn't enter the mkt with an ipo when it went public in Feb. Bankers make a lot of fee money
from internet ipos and mdtk was not one of them. It
went public through as a reverse shell(spin off of Sanga (private co.)Unless fees are visible down the road wall st firms don't take you on. - however it
looks like DLJ feels it could gernerate fees from mdtk- this is a very good sign. Ther issue is visiblity. However they are reaching a crtical stage now
and must get the attention of wall st.
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