Medical Industries Of America, MIOA Message Board

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Biotech / Medical : Medical Industries Of America, MIOA

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To: Tadsamillionaire who wrote (168)	5/22/1997 3:16:00 PM
From: Jones	of 570

Tim, I also plan to hang onto this stock for quite a while. From what we know about this company, we should be in the 4 dollar price range. But also think about it this way - If this stock was a guaranteed winner we'd definitely be above 3 dollars regardless. Go figure. I also think the second quarter results are going to be key in getting the attention of investment bankers as well as the general public. I definitely agree. This is where the serious cash is held by. It may be months or weeks away, but sooner or later this stock will take off if these revenues continue to pour in. Revenues are projected to double this quarter which somewhat makes up for the doubling of the shares outstanding. Everything about this company is looking better everyday. I follow a ton of turnaround small caps and MIOA probably has the greatest potential to be a 10 bagger. I know these labs are running at 100% capacity, but I'm still working on finding out the profitability of these kinds of businesses for the future. I will continue to do some serious DD!!

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