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Biotech / Medical : URMD -- Huge market potential

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To: Richard Monge who wrote (128)11/7/1997 1:36:00 PM
From: Joe Sing  Read Replies (1) of 369
 
SHORT??? ... PROFITS ARE DOWN 20,433% .... AND DOWN EVERY SINGLE QUARTER >>>Net Profit Margin -5095% -680.4% -1084% -3168% -6102% -20433 !!!!

WHEN WILL YOU LEARN THAT URMD WILL CONTINUE TO BE A LOOSER FOR A LONG TIME TO COME?

Sorry to spoil the party boys, but here's a dose of REALITY:

Net Profit Margin for the company has steadily decreased from quarter to quarter ... allow me to give you REAL numbers and not just some hypothetical predictions ... -5095% -680.4% -1084% -3168% -6102% -20433% ! (Those are minus/negative signs in front of the numbers ... not just a fancy 'graphic' I threw in)

Will the stock ulitmately rise? Probably as a short term 'fizler' ... I also think that URMD will likely end up acquiring a bunch of companies in the broader spectrum of the medical business and ultimately undergo a name change (and obvious change in direction from incontinence management to medical mumbo jumbo).

So what??? ... So this: the problem is that URMD continues to burn through cash and loose more and more money ... Out of desperation they are continuing to buy/acquire products with no proven sales history !!!!!!! This is what desperate management is often forced to do when they can't make good on their original businessplan and ultimately end up scrambling for 'good news'.

Can Uromed really compete with the giants in the broader medical business? ... hmmmm... let's see ...

In the mean time, let's see if the PaineWebber geniouses recommend this gem again!

PS>>> BE BLOODY CAREFULL !!!!
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