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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)
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To: Harold V who wrote (1725)8/11/1998 2:50:00 PM
From: Arthur Radley  Read Replies (1) of 3414
 
For investors, how often do you get an annual report and the opening sentence in the letter to shareholders states..."We are pleased to announce that the company has doubled in size"

PM's annual report is now available and this was Lee's opening comment. Normally you will only see such growth if a merger or buyout has taken place, but in the case of PM this was strictly internal growth. We should all be pleased with a 100% growth for the year and with projections of a mere 30% for the near term future.
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