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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Skaar who wrote (786)1/2/1998 11:22:00 AM
From: JPS  Read Replies (1) of 1672
 
Thank you Skaar, I was just wondering. I still find it hard to believe that a company could go through $8.6 million with only two reported sales and financing for that from another reported $8. million fund. does any one know if the made the two acquisitions they mentioned?

Also I thought that the tax loss selling would be over but already today the volume is $179,000 @$.07. Again forgive my ignorance but why sell today and not Wed or maybe the UMSI management is buying back their shares like IBM
ha!!
As a point of interest I am listing the transactions for Dec--some high volume.
UNIVERSAL MEDICAL SYSTEMS INC

Prices Available: 11/07/90 through 12/31/97

Ticker: UMSI

Date Volume High/Ask Low/Bid Close
-------- ---------- ---------- ---------- ----------
12/02/97 239,400 0.22 0 3/16 0 3/16
12/03/97 254,200 0.20 0 3/16 0.17
12/04/97 241,500 0.18 0.13 0.16
12/05/97 183,200 0.17 0.14 0.16
12/08/97 330,700 0.17 0 1/8 0 1/8
12/09/97 138,600 0 1/8 0 1/8 0 1/8
12/10/97 121,500 0 1/8 0 1/8 0 1/8
12/11/97 451,900 0 3/16 0.09 0.11
12/12/97 145,500 0.13 0.10 0.12
12/15/97 118,700 0.14 0.11 0.12
12/16/97 156,500 0.13 0.11 0.11
12/17/97 121,000 0 1/8 0.11 0.12
12/18/97 159,600 0 1/8 0.11 0 1/8
12/19/97 296,600 0.12 0.08 0.09
12/22/97 125,500 0.09 0.08 0.08
12/23/97 175,800 0.09 0.08 0 1/16
12/24/97 52,300 0 1/16 0.08 0.08
12/26/97 74,300 0 1/16 0.08 0 1/16
12/29/97 92,300 0 1/16 0.07 0.08
12/30/97 589,900 0.08 0 1/16 0.07
12/31/97 350,600 0.07 0 1/16 0.07
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