MTEN - expected 1000% revenue increase in 97 Message Board

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Biotech / Medical : MTEN - expected 1000% revenue increase in 97

MTEN 0.823

+28.3%

12:49 PM EST

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To: Tom Hofmann who wrote (135)	6/12/1997 12:14:00 PM
From: Ron Bower	of 279

Tom, Have seen many postings similar to this. Optimism!!! It's hard to be optimistic when there's been over $9,000,000 invested in MTEN and it's basically gone. $462K to $2.8M revenue ignores Sterodyne contributing 72% of revenue. Sterodyne was a profitable company but has shown losses since MTEN bought. Price on Photoscreener has gone up 33% also contributing to higher revs. They are spending a lot of monies to sell product and it isn't being sold. What do they do when all of the investor's monies and borrowed monies is gone and they can't generate new cash? At current rate of losses, this day isn't far off. I'm holding on to some shares and feel that the company will someday be selling large numbers of the Photoscreeners and film, but I see little chance that there will be a payoff on my investment. I could be optimistic if I never looked at the SEC filings. As to someone being unkind to MTEN, is MTEN being responsible to investors? Perhaps some stockholders have had enough. The press release I want to see is MTEN reports Q profits of $x and has backorders insuring continued profits. Ron

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