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Biotech / Medical : URMD -- Huge market potential

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To: Samuel J. Bennett who wrote (136)11/11/1997 11:56:00 AM
From: TheCat   of 369
 
With five FDA approved products and $80 million in cash, URMD is more than a development stage company. From here on, URMD is a value play. Granted the company has disappointed investors previously, but the Cavermap is the product that will change all of that. Like previous postings have pointed out, no one would want do undergo a prostate surgery without Cavermap.

Prior to the Cavermap analysts were expecting only $15 million in revenues. Now they are going to have to significantly raise their revenue estimates for 1998 along with their ratings on the URMD stock.

The managment of this company is very deliberate and this has been a positive and a negative. On the one hand they have built their stable of products, but on the other they have been slow to market them. Now that URMD has built its product line, trained its sales force, it should turn its efforts to marketing their products.

In the short term look for analyst upgrades and more HMO reimbursement anouncements to launch the stock.
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