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Biotech / Medical : ICU Medical, Incorporated
ICUI 152.64-3.8%3:59 PM EST

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To: Howard Shlom who wrote (64)2/4/1998 9:48:00 AM
From: Mickey Szilagyi   of 80
 
Howie, it sure is easier to talk about ICUI when the news is good. However, I remember in 1996 when ICUI was $23 and then dropped off. Currently margins are down a bit but sales have more than accounted for that factor. I noticed that the float is now about 6.4 mil, down from 8.0 at this time last year. A while ago ICUI announced plans to buy back shares. Apparently they have, although I never did see any news to that affect. ICUI's position in medical supplies, their products and the overall strong outlook for medical supply companies should make this an interesting run up. Here's hoping it continues, and it should as long as the volume stays high. I believe there is also some institutional buying going on. MJS
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