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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: Daniel who wrote (545)	11/18/1997 2:12:00 AM
From: Petemeister	of 947

Guys: In case anyone has yet to figure where the additional shares came from, read the proxy statement posted by Daniel. 5.67MM were outstanding after the split plus 967K post-split shares previously granted to the directors in the form of exercisable options. So this is where we get our 6.7MM shares. Future EPS projections should use this figure and also plan on figuring a tax rate of ~36%. It will be interesting to see where the next quarter comes in at and what these EPS numbers will be. I am looking for good #'s based on growing sales of the medical devices. Regards.

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