SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Medical Industries Of America, MIOA
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David S. who wrote (153)5/12/1997 9:39:00 AM
From: insightful investor   of 570
 
Your points are well taken but way off the mark. This is a company that has turned itself around 180 degrees. The company has had significant losses and now is a profitable entity. First quarter numbers of twenty one cents a share or ten cents fully diluted proves that the company is headed in the right direction. Morrell is obviously spending his time to build the company not just throwing stock out. It is a calculated move to clean up the market so that present shareholders can benefit from the growth of the company going forward. This stock should not trade like IBM or other blue chip. It should trade based on a 6 to 12 month growth outlook which now is substantial. Second quarter should be better than first if Morrell's plans work out the way they should. The only other publicly traded company in the industry is MCTH. It trades at 26 times earnings and they don't have the certifications that MIOA has. If you did your research you would know how valuable these cath labs are. This is a groundbreaking industry that MIOA is poised to be the only major player in. Near term prospects look good. If investors focus on fundamentals and not on negative propaganda the holders of this stock will be very happy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News