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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: Sam who wrote (3145)10/24/2000 10:17:26 AM
From: Bryce Elkins  Read Replies (2) of 3414
 
Sam - It sounds good to me. Do you remember when TD, yourself and myself were planning a trip to Europe on the back of PLMD profits? I believe we were looking for the high 20s then, so much for history. My cost basis now is under $11.00, so PLMD has behaved very well for me.

I believe with the continued decline in healthy life styles of our young people, including their incredible consumption of sodas, that the demand for diabetes services will continue to rise. Add to that the increases in Medicare reimbursements [recall Diabetes and related diseases gets 33%] and it just adds up to more gains for PLMD.

Ble
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