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Biotech / Medical : Wolf Industries Inc. Dental and Hair color analyzer

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To: alexander graham bailey who wrote (4)7/26/1998 9:59:00 PM
From: Michael J Dowling   of 6
 
Hello Alexander. I have seen an internet based analyst (International something)put a price target on Wolf at US$3-4 range for this year, but it is still too early to start crunching numbers. This is known to be true, they have an excellent product that has received overwhelming suport from the dental community. It seems every supplier/distributor wants it, but the company is proceeding very cautiously. The management team would rather spend a couple more months weighing their options(and there seems to be several) and becoming better prepared than to jump in too quick. My group offered to equity finance them for several million, but they opted out for several reasons, most prominently being they are receiving LOC financing offers from distribution companies and may not have to do a dillutive financing at these price levels. I like Wolf alot, and we own stock.

Anyway, we are looking at many financing opportunities, and therefore, if you know of any promising U.S. listed micro-small cap companies that may need financial help, let me know.

Best regards, Michael Dowling
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