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Biotech / Medical : Medical Industries Of America, MIOA

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To: Tadsamillionaire who wrote (233)7/27/1997 2:23:00 PM
From: Mr. Miller   of 570
 
I doubt that the shares will be worth much. Anyway, when you do get them, I would sell quickly since everyone will probably sell. Not much future in that new stock.
Jones, you are definitely right when it comes to the pennies. Not many people touch them since they are so risky. Please excuse my overindulgence on the potential of MIOA. Anything I write on this thread, I would encourage readers to search for themselves. I, like all the other analysts, am in no way 100% confident in any predictions. In fact, I will try to keep my mouth shut about predictions in the future. All it does it create worry and unnecessary panic.
This thread is probably better than PR for MIOA in that it gives better information. In addition, the info has a tendency to be correct more often than what she will tell you. I cringe at the thought of some big shot investment house ever calling her for info on MIOA. Let your own imagination run on that one.
As far as morrell goes-I agree he is going to paint a golden picture, but he did tell me once that he was not concerned with the price of this stock(back in April). They could be filling the newswire with info about "intent to buy" and "have signed a letter of intent" and so forth. Now there is some talk like this in a few of the wires, but it could be worse. They seem to be telling it like it is and not blowing too much smoke over the airways. Do you guys feel the same? If you ever talk to Morrell, he will be smily and cheery, but he does not talk of unrealistic expectations. At least he didn't back then. Maybe he does now. I don't know....

Miller
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