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Biotech / Medical : Medical Technology Systems MSYS

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To: DJ Clancey who wrote (27)11/21/1997 8:49:00 AM
From: Dave B  Read Replies (1) of 139
 
Selling, general, and admin. expenses have increased dramatically over the past couple of quarters. Hopefully these will begin to decrease as a percentage of sales. Their higher than normal amounts have kept the company from showing a profit recently. The good thing is the increased expenditures are positioning the company to support growth down the road. I'm going to pick up some more next week.

A fairly solid balance sheet is another plus.

Dave B
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