Medical Industries Of America, MIOA Message Board

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Biotech / Medical : Medical Industries Of America, MIOA

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To: Jamessmith who wrote (316)	9/30/1997 8:26:00 AM
From: Mr. Miller	of 570

Mike, Tim What are you guys still doing in this stock? Take your loss and go elsewhere. I got all my position out last wee and put it into ABTX. I already made my losses back! This company has one physician practice, three mobile units, and that's it! I used to be impressed with MIOA's potential, but the movement forward is too slow. They still have a good niche, but they are losing prospects every day. MCTH, who is miles ahead of MIOA does about 100 million in revs/year now and is trading at about 16 with 10 million shares outstanding. MIOA does maybe 6 million(assuming first half of year repeats itself, which it won't unless they get more money from a settlement or sell a cath lab) on 5.5 million shares. James is blowing smoke like the early traders did back in march to hype the stock up. Nothing here right now. James' calculations sees 10 in couple of years. Please. I see ABTX at 50 in two years. You are better off with ABTX. I have been thus far. Don't you see. shorts still a problem, no dividend announced, one physician acquisition in 7 months. Fixed sites in Orlando delayed. What more do you need to show you that this one is fizzled. You can only be patient with a company that is growing, like ABTX. MIOA has not added anything to its bottom line all year!!! Get out man!!! Miller

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