WAND (Milestone Scientific) Message Board

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Biotech / Medical : WAND (Milestone Scientific)

MS 165.20

+0.7%

Nov 5 3:59 PM EST

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To: Brooks Jackson who wrote (648)	8/19/1998 6:13:00 PM
From: William G. Foley	Read Replies (1) of 717

Brooks, Either you are doing an impression of Bill Clinton when he shows up at the house on Martha's Vineyard, or you want commentary on MS's recent report. fwiw, the key phrase in the press release (8/18/98) for me is: "....and continued very low sales during the normally slow summer months have resulted in levels of inventory and production capacity that exceed current demand". They need top line sales, and they don't have them. I did not see any breakdown of sales by geography (presumably all US), and no discussion about overseas market activity -- I was hoping they would discuss possible distribution arrangements to gain top line sales more rapidly. Maybe a short squeeze will help, but I think they will have to have a good quarter under their belt before there will be any appreciable and sustained gains. best of luck,

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