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Biotech / Medical : URMD -- Huge market potential

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To: Samuel J. Bennett who wrote (173)12/12/1997 11:34:00 AM
From: TheCat  Read Replies (1) of 369
 
I am glad Goldman Sachs discovered the value of URMD because the rest of the market will recognize it in 1998. Most analysts have 1998 revenue figures at $15 million but they should be revised up to between $60 and $100million.

URMD has $2 in cash and five FDA approved products. The two newest products (the Cavermap and the Breast Detection product) should have bigger market caps than the total value of URMD. In previous public statements The CEO of URMD (Jon Simon) said that he might spin off a couple of divisions to unlock their value. When this happens stock should soar.

Other catalysts for the stock are more reimbursement announcements from HMO's.

Right now the stock is being hurt by tax selling. For investors this is a great time to buy. Stock should bounce back in later this month and be poised for a break out year in 1998.
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