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Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine

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To: sly-1 who wrote (2822)1/21/1998 2:50:00 PM
From: Riverlightning  Read Replies (3) of 3906
 
Continuing with my post re HVSF and the Cutting Edge newsletter.
They continued:
" But this Nevada company uses a simple topical drug. Ten minutes after you apply it, Upjohn lawyers would have all the reasons in the world to sue for trademark infringement.
Performance oriented Americans spend $1 billion a year for impotence drugs. Vivus and Upjohn raked inover 60% of that, making a combined $623 million in 1996.
Even if this company only took 25% of that business away from the big boys, thats an additional $155 million... about 4 x what they're doing now. And keep in mind: Because this company's procedure is painless, that market is actually going to grow!
From a valuation analysis, this $1.50 stock would double in value before 1997 is over. And you may have guessed it already: Wall Street has no idea this stock exists!
Company insiders own over 86% of the outstanding shares. Only about 1.5 million shares are in the open market. BUY IT TODAY BECAUSE I EXPECT THE STOCK TO BE TRADING IN THE $40 RANGE IN 3 YEARS..."

So says Brian Hicks of "The Cutting Edge". I just received a 3rd solicitation from them and the presentation of HVSF (minus the name) is repeated, so he is still very high on it.

Has anybody else seen this? What do you think of it? I'm sure all of us would be estatic if he is 50% right and the stock goes to $20.
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