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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)
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To: Sylvain C. who wrote (673)12/23/1997 3:11:00 AM
From: Sylvain C.  Read Replies (1) of 1672
 
Part II. Be patient!

I have notice that most people on this thread are impatient. I do understand that but also know that it takes some time to develop a limited market.

UMSI has some market penetration and will likely be in business for many years to come. I can't find any reason right now to blame management on the day-to-day management of the company (they may still want to take advantage of the low stock price but that's another story since I do not believe it will affect the overall performance of the co.).

I also believe that the stock was over valued in 1997. I also know that is undervalued at 0.09 but can't tell exactly what its real value is! However I would have no problem to believe that it will reach $1.50 in 1998. Am I being realistic? I would appreciate any comments, possitive or negative.

Thanks/Merci Sylvain C.
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