Misonix Inc. (MSON) Message Board

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Biotech / Medical : Misonix Inc. (MSON)

MSON 26.54

0.0%

Nov 22 4:00 PM EST

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To: Mary Elaine Benjamin who wrote (447)	10/21/1997 2:08:00 PM
From: Wesley0428	Read Replies (1) of 947

Stock was down yesterday due to fears of a poor Q1 performance. Some brokers who control large numbers of shares apparently bailed out. Other lemmings no doubt followed their lead. Turns out they over reacted. My what a surprise. I'm confident Q1 will be just fine. Maybe a little lower than I earlier had hoped for, but still up at least 30% from last year, when you put both quarters at an equivalent tax rate. (Remember MSON paid no taxes last year, but will show taxes beginning this quarter). The current price does not reflect that growth rate. And I believe Q2 will show even better comparisons. As reason overtakes panic today the stock should recover. I'd expect a close over $11 and we should be over $13 by the time earnings come out in early Nov. All IMHO of course.

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