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Biotech / Medical : Medical Industries Of America, MIOA
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To: Mr. Miller who wrote (231)7/25/1997 3:32:00 PM
From: Jones   of 570
 
Mr. Miller, Antx is just a small company working on a couple of vaccines. They actually have no major revenues. THey are funded by some bigboys which will give them a piece of the cake. I also have chose not to invest in ANTX. It's a good trading stock, but a company thats on the riskee side.

When I first saw last quarters earnings I was amazed. .26 is a bundle.

Then I realized it was only 300,000 in revenues so its really no big deal. Then after reading the 10Q, I find that the revenues are coming from the sale of equipment. My oh my.

We have only had one major volume day in practically the next month! I think this may be a good long term company, but remember it's still considered a penny stock. Companies of this stature are hard to find the real truth behind it unless one actually works for it. Anything that Morrell says sounds like gold.

Anxiously waiting for earnings.....real earnings that is.

Regards,
Jones
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