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Technology Stocks : APACHE Medical Systems, Inc.

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To: Barbara Hospel who wrote (23)9/2/1997 7:03:00 PM
From: Scott Armstrong   of 26
 
I don't know why,if a fluke or otherwise. It's definitely a buy (& hold) at this price; if there where a takeover, we'd be in the money, and if their is to be any upside with the deals they've done lately, there is definitely upswing potential...

I did not like their last qtrs system sales, but at their rev size there can be fairly large quarterly flucuations that don't mean anything in the long run. Still a gem in the rough, & when they get consistent rev growth numbers down (they're currently trying to break through to profitability) they should/could show a significant return.

They have consolidated management's (Gary Bisbee's) power recently, which I read as a positive sign.

Scott
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