Tuesday July 15 11:39 AM EDT
Company Press Release
Source: M.H. Meyerson & Co., Inc.
M.H. Meyerson & Co., Inc. Reiterates 'Strong Buy' on Four Companies
JERSEY CITY, N.J., July 15 /PRNewswire/ -- M.H. Meyerson & Co., Inc. (Nasdaq:MHMY - news) announced, ``We are reiterating our strong buy recommendations on ONSS, LAMN, CMED and PPRT.''
On-Site Sourcing Inc. The document management and business services
(ONSS) outsourcing company has been growing approximately 100% top and bottom line on an annual basis since inception. Based on the past performance of the Company, we continue to project record figures for the second quarter of calendar 1997.
La-Man Corporation After a recent sell-off, the stock price of LAMN based (LAMN) appears extremely cheap on our $.40 forecast for the fiscal year ended June 1997. LAMN is a rapidly growing manufacturer of signs.
Colorado MEDtech, Inc. CMED represents another attractive investment (CMED) opportunity after a recent sell-off. We believe our fiscal '98 estimate of $.30 has the potential to be significantly surpassed. Since our initial research report, Vencor (NYSE:VC) announced a 40% ownership stake in CMED, and the cash and cash equivalent position has stretched to approximately $12 million.
PharmaPrint, Inc. Based upon the possibility of herbal products being (PPRT) converted to pharmaceuticals in the near future, we believe PPRT is poised to benefit from favorable trends in this area.
For further information, please contact Andrew H. Scott, Senior Research Analyst or Jeffrey H. Berg, PhD., Senior Research Analyst, of M.H. Meyerson & Co., Inc., 525 Washington Blvd, Jersey City, New Jersey 07310.
SOURCE: M.H. Meyerson & Co., Inc. Contact: Andrew H. Scott or Jeffrey H. Berg, PhD. of M.H. Meyerson & Co., 201-459-9440, 800-422-4114 or www.mhmeyerson.com
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