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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: Zeitgeist who wrote (18)	9/5/1998 12:24:00 PM
From: Jeffrey L. Henken	Read Replies (1) of 939

Wow! I just took a look and I have to say I agree with you EMBX does look pretty damned good. Now my only concern is that the company feels they have nearly fully penetrated the U.S. and Canadian markets. I found this sentence in a recent SEC document: Given its approximate 80% market penetration in the United States and Canada, the Company anticipates diminished growth in the number of INOVOJECT(R) system installations in that market. sec.yahoo.com Recent insider buying shows some faith that EMBX feels they can further penetrate world wide markets: biz.yahoo.com It's not lots of shares but it's all buying. This deal in Argentina proves they have further plans outside the North American continent. biz.yahoo.com The chart looks horrible but you have a very nice company here with actual earnings and a real P/E. I would recommend investors pick up the phone and call someone at EMBX. Any idea who they should talk to? I would want to know if they expect continued revenue and earnings growth into 1999. Regards, Jeff

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