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Biotech / Medical : Medical Industries Of America, MIOA

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To: Keechmon who wrote (299)9/10/1997 12:42:00 PM
From: Mr. Miller   of 570
 
Hello K-nice:
You ask what I ask. I do not know, but here is a thought. We are approaching the end of the third quarter, and perhaps the new investors know that MIOA will post another profitable quarter(no matter how "bogus"). With this in mind, and perhaps the possibility that MIOA is close to getting rid of the shorts overseas, and even more possible that the new guys are more knowledgeable about future acquisitions, the new players have chosen to get in at the base of 1.75-2.00. It is obvious to me that a few short term guys are taking small profits with the 1/4 gains we have seen three separate times over the past month, but mostly the shorts are beating this stock down as much as they can.
No matter what may be happening, something big must be cookin for these guys to get in now with all the problems we have identified to exist with MIOA. There are great things going, too. Last, I wonder what the Swiss Advisory Group is saying these days. Maybe they have said something to spark legitimate overseas interest!!

Miller
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