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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: Sam who wrote (1395)7/18/1998 11:35:00 PM
From: Arthur Radley  Read Replies (1) of 3414
 
I've really been thinking about that "mystery" post on Yahoo!. Could be several options:
1) Move to NYSE, which would be good but I don't think they have the requirements. If I recall, they have requirements as to number of shares available in the float and also market capitalization, plus a few more. A move off the AMEX would be good for the stock.
2) Purchase of another company or product. From previous reports, it is obvious that Lee is looking for diversification into other areas. Right purchase would be good for PM.
3) PM is being bought by another company for $20.00(:>)
4) AR back in line with sales growth.

The poster on Yahoo! who mentioned that his company tried to pick up 100,000 shares and couldn't, it makes sense with the limited float in this stock.If PM at least declared a 10% stock dividend, it would make more stock available and get more parties on board.

All of this is just me guessing, as I have no idea. But I'm waiting for some good news. After this past week, I need it.
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