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

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To: Sam who wrote (3389)4/9/2002 10:32:56 AM
From: Apakhabar  Read Replies (1) of 3414
 
She'd heard from a reliable source that Lee "should be able to settle at any time" and she wanted to know 1. if (as a point of law I think) they could settle "before a lawsuit" and 2. why they hadn't done so. She knows a big holder of the stock and what I got from her was that the PLMD insiders were not clear about WHEN the SEC brings or has to bring charges after making a formal inquiry.

Clearly she was expecting some sort of settlement, and not a simple walking-away by the SEC, so yesterdays action must be seen by she and her sources as bullish.
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