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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.)

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To: PAR who wrote (2094)10/28/1998 6:11:00 PM
From: Abuckatatime   of 3414
 
PAR,
In contrast, I am not content to have money sit dead on one spot. And yes, I'm talking about PM. Small stocks in general have started showing signs of life of late. I expect this stock, at a minimum, to be tracking its market cap peers, partly because I see no reason that it shouldn't. Earnings are beating expectations. Several quarter's worth of double digit growth lie ahead. Over $10 million in cash. Leading provider in the markets it serves. All this and...the stock price languishes. Something, I must be overlooking something. That feeling nags at me, especially at times like this, when, after releasing results that top estimates, buying support vanishes. Sellers, expecting an opportune time to cash out, carry the day. And the day after.

Then there's tomorrow. The Oppenheimer presentation ought to elicit a few upticks. Unless of course our PR efforts are ineffectual, and failing to convince the uninitiated. Where did that major brokerage coverage go anyway? Down yonder...perhaps WAY down yonder.

This frustration too shall pass.

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