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Biotech / Medical : WAND (Milestone Scientific)
MS 162.35-0.7%Nov 7 9:30 AM EST

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To: Robert Gintel who wrote (485)5/5/1998 6:54:00 AM
From: Mason Barge  Read Replies (1) of 717
 
The best news from all of this is the amount of field-training the company is doing to try and ensure that as few machines are returned as possible. To me this is a very intelligent use of resources, since a machine returned is worse than a machine not sold.

This will be the make-it or break-it quarter, I think. If the .04 holds up -- that is, if the 3-10% return rate is realistic and they aren't booking earnings for machines that are likely to be returned -- we have a winner. But there's still no way to tell for sure. If the return rate is higher than stated or anticipated, it's going to show up in this quarter's earnings.
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