MCAR Message Board - Msg: 5256114

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Biotech / Medical : MCAR

MCAR 0.0650

-36.3%

Jan 31 4:00 PM EST

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To: JMM who wrote (382)	7/20/1998 7:08:00 PM
From: Monique C. Cushman	Read Replies (1) of 467

JMM, we are all investing in the stock market to try to make money! A lot of it if we can... Obviously I like MCAR - I am invested in it. How high will it go is everybody's guess. --- In the process, I, for myself, like to be realistic and keep in line with fundamentals as much as I can. About 2 years ago I sent for a package on MedCare Technologies. Among the documents I received was one analyst's estimate of $12.00/share in about 12 months, which meant: Mid-1997. We are mid-1998 and we are not there yet!!! We did get close recently - granted. How did we get there? I do not know. I only have my own idea about it. We also know that restricted shares are been released and are or will be starting to come on the market and will dilute the float. I like to believe everybody knows that it is unlikely that they would be dumped all at once! Will institutions buy? Probably in time. IMHO they are more rigorous and have better means of research and interpretation than the small investor. I hope very much that they will be buying but the volume so far is not that huge so it is hard to tell. I hope for those who are holding the bag at 11.+ that we will be back there and beyond real soon. Meanwhile I will watch, and buy some more on the dips!!!! Good luck to you. Monique

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