Medical Industries Of America, MIOA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Medical Industries Of America, MIOA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lostmymoney who wrote (247)	8/15/1997 2:26:00 PM
From: Mr. Miller	of 570

Mike: Be careful not to miss out on removing moneys from mutual funds this next few months. It looks like we will be in a correction phase. This I am sure is directly influenced by the UPS strike!!! By the way I looked into Comdisco, Inc. trading on NYSE and they established a subsidiary called Comdisco healthcare group or something like that which may be what MIOA is interested in acquiring. Comdisco looks like a solid company on the rise. ABTX is growing at a dizzying pace and MIOA is not at this time. I spoke to people at MCTH and their opinion of MIOA is that they are no threat. In addition, they expect MIOA to take several quarters to see movement. In MCTH's second fiscal year, they did over 22 million in revenues and posted .22eps. We are nowhere near that level of revenues. Even at .22 eps, I bet MIOA wouldn't trade much higher than 10x earnings, so it will take till the end of next year before their is justification of this level now(about2.00)??? Dilemma dilemma. No doubt a long term play, but one wonders why MIOA moved so well at the beginning of this year and now it is fumbling around. Perhaps that man in Illinois had bought a bunch of MIOA and is determined to short it to heck as a result of MIOA's settlement with Tula and unbelievable charity to Dr. Tai in that acquisition. Health care industry is a guarantee in my mind. MIOA just has to acquire more physician practices. Did you know that there are over 30 ppm(physician practice management) companies publicly traded? I am looking into some of the others besides MCTH to see how they have done thus far. Mike, stick around or I'll have noone to talk to. In the meantime, look into ABTX... Miller Miller

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next