Matritech (NASDAQ - NMPS) Message Board

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Biotech / Medical : Matritech (NASDAQ - NMPS)

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To: tony echols who wrote (454)	6/12/1997 4:39:00 AM
From: Philip Aaron Etttedgui	of 849

To all: Biotech companies are notorious for developing breakthrough products and then failing to succeed financially. This is because these companies are run by scholarly scientists who know nothing about running a business. Do any of you know how competant the management at matritech is? Don't forget about the stock's recent downturn--lasting over a year, plummeting its value some 80%. An intelligent investment move right now would be to sell this stock ON THE WAY UP. Don't think that this HYPE will last for long. Remember that this company is deeply in debt and has a book value of 39 cents! Fundamentals are horrible. Profit from the hype by selling high. Memories are short and before long the stock price will resume its fall in search of its infinitesimal book value. Don't say I didn't warn you. --Phil

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