MIOA: A Great Turning Around Story Message Board

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Biotech / Medical : MIOA: A Great Turning Around Story

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To: Jamessmith who wrote (5)	9/19/1997 1:05:00 PM
From: Mr. Miller	of 11

Okay James. We are both adults right? Right? Let us deal with the issues here. I have eaten the news and SEC filings for breakfast and lunch and dinner. You say the management is projecting a $10 per share price in the next few quarters. Is this the same management team that owns the company which has been sitting at $2 for the past 5 months? Is this the same management team that stands to gain by being positive about their company. This is the same company that thinks it should be 3-4 right now? YOU HAVE BROKEN ONE OF THE CARDINAL RULES OF INVESTING. You have put your faith in management's ability to objectively evaluate the status of their own company and where they will be in 6 months. How objective can this be? Do you think they would tell you that the stock sucks and has not done diddly in the past 5 months and you should put your money elsewhere? NO. So why do you like them and why has a few small brokerage houses picked them up? Good question!! To cover my butt, this stock could see 10 and the DOW could see 20,000 next year. The reality is you have to put crediblity into a stock before you can believe it will do what you say. I have waited patiently for this stock to do what it said it would do. The new deals that were announced in Aug. When were they supposed to be completed? Sept.2, 1997 and what day is it? The new fixed site with damadian was to be done on or before Sep.1, 1997, and what day is it? Incidentally, did you read that this site now won't be ready until December1, 1997? A far cry from Sep.1!! Where is all the interest in cath labs that MIOA said was out there. Where are all the physicians who expressed interest in joining FPII? Remember that release James? Over 100 were interested!! No new revenues in nearly 10 months. That is very sorry growth. They have had the same source of income for the past threee quarters. Is this what you call 40% growth rate? The lack of credibility will force many not to invest until MIOA can prove it finishes the deals in time announced or sooner. As far as the reg S guys go, why did they not settle with the remaining 4 back in April. We all know they have a significant short position that has been killing this stock for the past 5 months, and nothing has been done. Finally, there will be some news next quarter supposedly about that. They may not do it again, but the previous problem still lingers. And where is the stock dividend we were promised5 months ago? HMMMMM. I had high hopes since I like Morrell, but he must know that his stock is dragging bigtime and so is his growth performance. We both know the potential of this field. There is no new product to sell here. MIOA just has not done it. For this there is no reason to believe right now that they will in the future. I am definitely in the know. Miller

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