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Biotech / Medical : PMCO - Promedco

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To: wpckr who wrote (19)10/21/1997 10:52:00 PM
From: loafy loaf  Read Replies (2) of 106
 
Sorry for the delayed response. I haven't heard anything new. This company is now ranked #1 of 131 in the industry with 5 strong buys. The company's revenues, earnings, and stock price have been cranking and seem to be taking a breather. I've traded this stock on two occassions for a hefty profit. I see nothing to be worried about at this point in time. This company is in a hot sector and the recent market may have affected the stock's price in the short term. The number of floating shares is in the range of 4.5 million. This is a realatively small number, and indicates the stock is most likely being accumulated. I would view the drop in price as a buying opportunity, for the smaller the float number gets the more buying pressure this stock will experience. If any of you want the latest report I have, E-mail your request to me at Loafyloaf@aol.com, and I will be happy to forward you a copy.

REGARDS,

LOAF
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