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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.600+2.0%12:15 PM EST

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To: Rohit Sood who wrote ()6/11/1997 10:02:00 AM
From: Tom Hofmann   of 279
 
Well, here's a possible reason for the slide. The legislative efforts may not be going well or may have stalled, and smart money knows this and is selling. The company issues a PR release this morning discussing focus of marketing efforts at optical chains and with Lions club, none of which is new news. Is this a damage control press release?
Also of concern is that I, 2 posts back, asked CAVIOR(MTEN's investing PR company) directly how that legislation was coming, and recieved no response. It sounds very suspicious and negative to me. The consolation is, how low can it go?
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