Misonix Inc. (MSON) Message Board

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Biotech / Medical : Misonix Inc. (MSON)

MSON 26.54

0.0%

Nov 22 4:00 PM EST

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To: md1derful who wrote (797)	8/27/1998 10:44:00 PM
From: Candle stick	Read Replies (1) of 947

I think this would be an ideal opportunity to buy into MSON. Have a look at the following link from Yahoo! about MSON quote.yahoo.com ....today's closing price gives us a P/E of 7.41 with earnings of 81 cents for the last year. A potential loss to Mentor and the injuction being granted is 99% factored into this price, IMHO. It is all anyone talks about. My understanding from the attorneys I have spoken with who have read the filings is that this suit is without merit and that the injuction hearing will be an easy win for MSON. If that happens it will be to late to buy MSON (on the cheap, at least). The stock could easily rally 25-50% the very same day. I bought more today at 5 9/16 and 5 3/4...whats my downside? 1 more point? maybe....but the upside? 10,12, 15 or more after September 11. I think that is a great risk reward scenario. Heck, if the market calms down and bounces a bit MSON will pop back to 6 1/2 - 7 before the injunction hearing............;^) P.S. S&P futures are currently UP 4 points in Asia trading. Check out this link to get the current status cme.com

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