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Biotech / Medical : Matria Healthcare (MATR)
MATR 2.680+0.2%Aug 20 5:00 PM EST

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To: Gregory Cole Brock who wrote (75)11/7/1997 6:12:00 PM
From: GREATMOOD  Read Replies (1) of 220
 
Greg,
You know my last post was written for all the large institutions following my advice on this thread (; >)

The analyst was very upbeat about Matria's progress re: their balance sheet, their margins, and their possibilities for using their approx. $ 9.1 million in cash in favorable ways. He even states that he is optimistic about upside surprises in 98 earnings!

Because there is not one negative item mentioned in the report, I get the feeling that an upgrade to a BUY is forthcoming, but for now they are keeping their HOLD rating until they get clarification of the Adeza lawsuit.

Things are looking good!
Good luck to us all.
GM

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