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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Laurens who wrote (1363)3/27/1998 4:37:00 PM
From: Wally  Read Replies (2) of 1672
 
Laurens/ Wizard:
Laurens:I'm preparing an e-mail, too. Thanks. I too have Kosta to thank for his "research" on UMSI. YES, we should ALL do our own research & YES all investments are risks, but we pay a fee to people like Kosta and expect them to supply us with accurate basic information. NOT!
On a personal note, did you get my last e-mail response to you (about 2 weeks ago?)

Wizard: RE the possibility of a UMSI take-over by some new investor.. It would make sense if UMSI has a product and current management are simply crooks who came in and destroyed UMSI's potential for their own profit. My question is whether or not UMSI even HAS a product. Did they bilk Asian equipment buyers with the same hot air used on stockholders? Does anybody know for sure that the equipment was more than assembled, pre-machined parts?
Wally
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