SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : MRVT Miravant Med Tech: Infinity and Beyond?
MRVT 0.00Jun 16 4:00 PM EDT
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JP who wrote (27)5/4/1998 10:53:00 AM
From: Terry  Read Replies (2) of 67
 
It may very well be true that no one ever visited the company. But when it comes to potential for the product, the company will virtually always overstate the possibilities. If you really want to know what the potential is then ask the doctors who might use it. Ask the oncologists and the ophthalmologists that know the other competing technologies out there and what the pros and cons are. I think you will find that the company seems to be deluding themselves about their actual addressable market size.

The company did come out with a press release in response to the Forbes article. Just to let you know, I have seen press releases by companies in response to Forbes articles before. One in particular was Cellular technical Services (CTSC). While the Forbes author never spoke to CTSC, the price of the stock did continue to plummet and now trades below 2.

Employees will many times be very defensive about their company. Anyone who believes in what they do will be very optimistic. That optimism is very useful when trying to make the best of a company. However, when trying to assess what a company is truly worth, it is better to ask people not so closely tied that unbridled optimism clouds their judgement.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News