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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (18165)12/10/2003 12:03:57 PM
From: Sepster  Read Replies (2) of 78753
 
It appeared to me that legal issues with PLMD were already factored into the stock. It provides products, such as diabetes testing kits, which require repruchases. I think the direct-to-consumer medical supply business is a growing market. It's revenues and net income have been consistently increasing:
Revenue: 2000: 156.9m; 2001: 220m; 2002: 279.7m; 2003: 356.2m
NetInc.: 2000: 16.5m; 2001: 29.7m; 2002: 30.4m; 2003: 40.2m
Cash flow: 2000: 29.5m; 2001: 54.5m; 2002: 66.4m; 2003: 82.9m
Similarly ROE has been increasing; low debt. and it appears to me to undervalued. I would not expect major gains in the stock but I would think it would have steady upward movement in price consistent with its earnings.

Septster
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