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Biotech / Medical : Medical Industries Of America, MIOA

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To: Tadsamillionaire who wrote (250)8/16/1997 10:06:00 AM
From: Mr. Miller   of 570
 
Tim:
I feel as though I want to help promote this stock. I looked up
insightful investor and Dave S., previous players of this thread for
ideas. I also found a website www.kennedycapital.com, but have not
had time to log on and look around. i found it in a business magazine
recently. They look up microcaps under 50 million(by the way there
are over 2500 companies at this level) and rate them. If they pass
a specific rating then they move in and somewhat make the info
available to bigger players. This is what MIOA could use, but there
are glitches: They would call management or PR of the company and if
noone returned the call or was unable to talk at the time, that could
be it-hence the concern over our pathetic PR. With any luck they
would get straight through to management-however, I called yesterday
in order to talk to management about a few things and NOBODY was there.
Hello, noone was there!!! secondly, they would frown upon the eps loss
for the year and the yearly hi as mentioned before. So, it could take
a little while before we are recognized. So, in the meantime, if ABTX
hits low, I will most likely bail. I have been not so impressed with
revenue growth and physician acquisition to date. I will remain patient
for a while still.
Here is something very interesting. Fonar, who will be at the center
to be opened next few weeks with the MRI stuff, is in the business of
ppm. Doesn't this put us in direct competition with the company we are
about to open a center with. Look up there recent news. They acquired
a practice recently and even more wow is a settlement with GE vfor patent
infringement-a wopping 123 million. That will buy a few physicians!!
Sometimes I wander if those early players were simply traders
overhyping the stock to make their buck. It is too bad that some small
investors do not understand enough about the market or this site to
know the difference between fact and fiction. Everyone should always
question what is written here and seek the absolute truth themselves.
I mean, come one, all that stuff about 'WHEN EARNINGS COME OUT, THIS STOCK COULD TAKE OFF"
Give me a break. Maybe we should do that to get it up again, but I
prefer to let MMs come in when the time is right-they will see a steadily
growing stock with little ping pong ups and downs. Hopefully, MIOA
will expeditiously deal with the remaining reg S shareholders and end
that mistake done by previous management.
Morrell still thinks that the fourth quarter will have 4-5 million in revenues,
so I am still looking for the news to prove it. PR people said that t
the announcement about the 1.2 million acquisition would be the first
in a series of similar newsreleases. I guess to these people, one is
a series. Last I checked, at least two items are needed for a series.
I do not contact those people anymore...

Miller
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