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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Arthur Radley who wrote (3214)3/25/2001 6:18:02 PM
From: Sam   of 3414
 
No. The glucowatch is mostly for kids with juvenile diabetes just to give parents a wide ballpark warning between conventional testing.

My bet on tomorrow morning's conference call is that management will end these games with clear statements of the fact that they have done nothing wrong and then announce they will begin immediately to buy back shares in the 25% range. A few phone calls to fund managers over the weekend will have been enough to cover the approval formalities since there is so little float. Plus there is a million share buyback already authorized. It will be a stroke of genius on their part and they have the cash to do it with.
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