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Biotech / Medical : CMED-Colorado Medtech

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To: John Wilson who wrote (13)7/15/1997 12:30:00 PM
From: Gerald Merna   of 14
 
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

More news for referenced ticker symbols: MHMY, VC, and related industries: banking.
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