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Biotech / Medical : Hydron Tech.

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To: Alexander Hardin who wrote ()7/27/1996 2:49:00 AM
From: Dave K   of 72
 
Alex,

Are you or anyone else still interested in discussing HTEC ? They just reported lousy earnings for June but the prospects going forward with the new QVC deal may be very interesting. The stock is selling off now which may be a good buying opportunity ? PRnewswire has the latest on the expanded QVC deal. It is a tiny company with polymer patents. They produce cosmetics and medical products based on the polymer technology. They seem to have piles of cash. QVC is buying 500,000 options which adds more cash. They even pay a dividend at about 5-6% now which is currently better than my MM fund. Nice while you wait.
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