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Biotech / Medical : Medical Technology Systems MSYS

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To: arnold silver who wrote ()4/6/2000 3:36:00 PM
From: smartblonde   of 139
 
Volume up, price up
P/E: around 2

I don't understand how these companies get so undervalued. Look at their revenues.

Checkout the financials:

MSYS manufactures and sells proprietary packaging systems to pharmacies that dispense prescription medications for use by nursing homes and assisted living facilities. For the 9 months ended 12/31/99, revenues rose 14% to $12.3M. Net income from cont. ops. before extra. items totalled $735K, up from $138K. Revenues reflect greater number of punch cards and packaging machines sold. Earnings reflect lower costs of sales as a percent of sales.
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