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Biotech / Medical : Medical Technology Systems MSYS
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To: musicguy who wrote (119)5/19/1998 9:06:00 PM
From: Dave B  Read Replies (1) of 139
 
I attended the final day of the trade show here in Orlando today. Both the packaging division(MTS) and the Software-dispensing division(LifeServ) were there. I came away very impressed with both the people and the products. Rick from LifeServ demonstrated and explained the advantages of the software products on display. Peter from packaging showed me the new packaging machine(Large volume of new completed sales already) and the punch cards(the heart of this business). The final day of the show is the slowest, however I witnessed a strong amount of product interest and demo's of the company products especially LifeServ's(and I was only there about 45 minutes). They seem to have hot products and from what I saw both divisions products are "extremely" efficient which make them attractive to pharmacies and hospitals; and help them compete with/exceed larger competitors systems. The people I met with were very friendly, professional, and confident about the continued growing success of the business, including stock price. I didn't see any signs of a company in trouble, actually just the opposite. Pres. Todd Seigal was around, however I did not get a chance to meet him. This is definitely not the same company that it was a year ago. The new products are completed and are selling strong. My opinion on the stock after what I saw....hold what you have or buy more at these prices. There is no reason to sell. As a matter of fact expect strong revenues coming up...hopefully some profit will be attached to it. Let's hope...

Dave B
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