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Biotech / Medical : WAND (Milestone Scientific)
MS 162.31-0.7%3:56 PM EST

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To: Smart_Asset who wrote (494)5/7/1998 10:24:00 AM
From: SeveCords  Read Replies (1) of 717
 
Research! He didn't even consider the disposable revenues! Also he is confusing a receivable reserve which is taken against receivables when there credit risk (a risk of getting paid) with the reserve for returns that Milestone is taking which reduces the top line.

I don't have time now to deal with the rest of the story as Paul Harvey might say, but I will have more to say later.

Steve
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