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Biotech / Medical : escalon medical(esmc)
ESMC 0.160+6.7%Nov 4 3:15 PM EST

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To: trevor john wilkinson who wrote ()6/12/1998 12:11:00 AM
From: Baghul  Read Replies (1) of 27
 
Another one that is extremely undervalued and had a valid breakout today is ESMC another medical company

ESMC develops, markets and distributes ophthalmic medical devices and pharmaceuticals. For the quarter ending 12/97, revenues rose 6% to $2.9 million. Net income totalled $51 thousand vs. a loss of $927 thousand.

Oustanding shares 2.7 M
Floating shares 1.4 M
Book Value 1.48
Price 1.16
P/Book = 0.7!
P/Sales = 0.48!

I wouldn't be too hard to go through the float on this one

Here is some latest news

biz.yahoo.com
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