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Biotech / Medical : Medical Technology Systems MSYS

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To: Dave B who wrote (65)1/4/1998 11:55:00 AM
From: Bob Carlson  Read Replies (1) of 139
 
I would think that some of the selling prior to the end of the year was tax positioning from some who may have purchased the shares at a higher price in the past. It will be interesting to see what happens in the new year. Most of the trades that I looked at on the intraday charts a week ago were in the thousands. That would make sense for buys at the current price.

Company History....It's why I continue to think that if they get control of their operating costs they will not only improve cash flow but actually start to show some positive earnings. A business with $20+ million in sales is worth something to someone and its got to be more than the market cap we have here based on current prices and shares outstanding.

If you call them this week...ask them when they expect to reach critical mass with their current operations. (That is when do they expect that their sales growth will exceed operating costs on a pretax basis.... i.e. generate profits again).

Trade Show...I agree it could be interesting to see what response is to their products.

Best Wishes in the New Year.
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