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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX)

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To: Mike Moran who wrote (1376)5/24/1998 2:51:00 PM
From: Rockhill  Read Replies (1) of 2911
 
I don't think that a reverse split is what we need at this point. What we want is some institutional buyers to move into MDIX which would ultimately add stability to the stock price. The keys for MDIX, according to Mike and others, are--to finalize the sale, announce positive developments regarding the ADRX lawsuit, and announce the share buyback program. My question are:
1) What is the likelihood of institutional money coming into MDIX even if all of the above mentioned requirements were to be fulfilled? Mike, based on your conversations with your broker friend, what is it going to take to get some "safer hands" into this stock?
2) What are the chances of MDIX being able to implement a buyback; in other words, is it viable financially for MDIX to allocate 1-2 mil $ to buy back shares?
3)What is the status of the ADRX lawsuit and when is some sort of update expected from the company?
4) With MDIX patents pending and competition fierce, especially for a company that has to spend to much time with "survival issues", what are the chances of similar products being brought onto the market short term?
5) "It seems that if major industry players are as interested in MDIX as we are lead to believe, MDIX, with or without a poison pill, will probably be bought out." If MDIX is as undervalued as you say it is, Mike(based on the acquisitions of MDIX competitors), isn't it just a matter of time?
6) What is a realistic timeline for MDIX to establish itself in the industry, based on its small sales force and limited resources?

Rock
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