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Microcap & Penny Stocks : IMDS nasdaq bulletin board

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To: gao seng who wrote (3845)10/28/1999 5:13:00 AM
From: Labrador  Read Replies (2) of 4122
 
>>I don't see how you could expect those earnings to be realized as projected seeing as how the trials were delayed for 6 months. I think the projections are fair, but will be delayed by 6 months. <<

I don't expect that those earnings figures would be realized, even in the years post approval. Those numbers seem incredible to me, but I really have no idea of the Company's sales plan, margins, etc. It would be great if the Company shared projections with us (even conservative numbers) since it would provide a needed engine to turnaround the share price.

>>But rumors abound that perhaps insiders are buying at these nice prices. <<

If the insiders are buying shares with their cash (and not with loans from the Company), this also would be a bullish sign.
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