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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.220-18.4%Nov 6 3:59 PM EST

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To: Rohit Sood who wrote ()1/4/1997 1:28:00 AM
From: GR   of 279
 
Anybody know around when is the Quarterly report being released?I must also put an addenum to a prior post.The poosible mrket is estimated at 1.4 million units.I am very impressed with this company.They released
better results (in June),and still got beaten down.It seems since the smart money article that the stock formed a quick base and now seems poised to move up(finished today at about .90+ on the ask).I have taken an initial position.I expect to take a larger position.
Is there any possible competition? Does this company have a monopoly on screening for amblyopia etc (pre 5 yrs).If they do I still expect a slow ramp up back to the 4.00 mark.This would be my guess just based on volume increase alone especially since technically it bottomed at the 50 cent base level.I don't mean to be this optimistic but where are the potential problems?Slow sales-possibly.Competition?Any opinions? Gerry Ross
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