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Biotech / Medical : Medical Industries Of America, MIOA

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To: insightful investor who wrote (101)4/16/1997 10:28:00 PM
From: David S.   of 570
 
Of course you're not Bill Clinton, after all, we know that Hillary is the intelligent investor in that family. And, just so you don't spill your pina colada, I've never been long or short MIOA, either through open market transactions or through any one of the several private placements that have been done. In my mentioning the idiot broker who called me recommending the stock, I hope that MIOA can learn from that occurance - they need a decent PR firm, and that spending shareholder money with that PR firm that sends out junk mail under the header something like "Stocks for Tomarrow" is crap, they should get 1 or 2 decent quarters under their belt before trying to tell the story of a turnaround. If the PR style of the company smells like that of a garbage penny stock, walks like a penny stock, and talks like one, then the company will be tainted with that image for a long time. Even if the fundamentals are turned, it helps to have a little "meat on the bones" before going out and trying to tell a story, especially in a market that doesn't give a rat's ass about microcap stocks. Yes, even in this market, microcaps can go up, but as we all know, they can also be hyped and manipulated, and as shareholders you all probably wouldn't want your company to do that. hmm, am I rambling? Anyway, that's Bill Clinton and Mike Morrell on the phone - conference call, so I've got to go. Adios.
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