Matritech (NASDAQ - NMPS) Message Board

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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: William J. Leiby who wrote (409)	4/11/1997 10:54:00 AM
From: Damon Pham	of 849

Bill, As memory serves me right, I posted the insider selling info. I think the revenue estimates were way too rosey. If you read the 10K filing, you'll get a much more realistic picture of things. The company is still geared towards R&D (and I think that is how it should be right now until they get more products in the pipeline to really push sales and marketing). I have a lot of faith that this company will be huge, but I'm thinking more along the lines of 5 years for that to happen. I think more Fed rate hikes are coming (the strong jump in the core CPI today isn't going to help). Market is in a sell off right now. When this happens, investors dump small caps and flock to safe havens (the really big companies like MSFT, INTC, IBM, etc.). As I've said before, I expect the stock will drift down unless something breaks (news) and really attracts investors to the stock. As an investor, I don't like seeing the stock float down at all. The stock is sitting in my IRA so it really doesn't matter since I'm not going to get any tax benefits from taking the loss. This is a LONG term stock and we'll have to wait it out. Long term investors will be rewarded handsomely though. 8o)

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