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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Caxton Rhodes who wrote (2933)10/29/1999 8:34:00 PM
From: Abuckatatime  Read Replies (1) of 3414
 
Caxton,

I agree, significant upside left, for the reasons you mentioned. I also expect the company to be successful in the pulmonary (COPD) market. Last year Medicare reimbursement for the respiratory medicines albuterol and ipatropium, meds sold by PLMD's pharmacy, nearly equaled the $400 mil reimbursement for test strips. Hear another growth engine beginning to rev?! A national ad campaign targeting the 3.4 mil Medicare-eligible seniors with COPD is rolling out soon.

Also continue to look for margin improvement as the company negotiates better price discounts and increases sales of higher-margin pharmaceuticals.

Greg
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