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Biotech / Medical : Lukens Medical
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To: Steve LaRiviere who wrote (52)12/30/1997 2:37:00 PM
From: raydit  Read Replies (1) of 55
 
Read the December 29th news release. This is a company built on deception and hype, by junk analysts like Ray Dirks and New Analysis Highlights.Have you looked at their balance sheet? Receivables and inventory out of sight. They reported $463,000 in earnings in 1996. Now they see a $3.5 million special charge against 1997 earnings (if any).They lost $4 million in 1994. They claim 90 years of business experience, yet sales are way below $10 million. Talk about a sick chick! I ask you, why not?
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