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Biotech / Medical : URMD -- Huge market potential

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To: CCD who wrote (294)6/30/1998 1:43:00 AM
From: Hugh A. McWhorter   of 369
 
This has got to be one of my weirdest investments. I got involved solely because of an emphatic recommendation by Individual Investor. I waited, waited and waited for them to sell something. It just never seems to happen. Yet they keep announcing new products.

Seems like someone needs to explain to management that sales are needed to stay in existence. Sales have to exceed expenses for the company to be attractive.

I am now wondering if management may be made up of people whose sole orientation is helping people. Some kind of compassion play. Nothing wrong with this yet at SOME point in time you have to have enough come in to pay the bills.

I believe that paying the bills is accounting 101 and somehow this has been missed somewhere along the line.

Hugh
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