A Luxury Resort for the ill -- Medical Resorts Intl.TRAC Message Board

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Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC

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To: Reg who wrote (872)	11/14/1998 8:54:00 AM
From: TOPCAT1	Read Replies (1) of 1126

No question, their are a lot of trader and investors playing this one, traded 1.5 million shares yesterday and up to $0.14. Company has indicated that they are absolutely confirmed for going down to New York, Florida and Arizona. This should further develop promotional activity in the US which is obviously needed to move the price of this stock. Financials look great and since the Anguilla clinic wasn't in full swing the first and second quarter of last year, clearly they should show increased revenues this year. Already well into second quarter and company says they are exceeding projections. Also expansion at the clinic is underway, from capacity of 60 to 115 patients. This combined with chelation and an acquisition or two should make for a good promotional story to US investors. Even though the price hasn't appreciated much yet, I do like a few things about this play, reasonable financials with growth underway, acquisitions, and just the start of a good US promotional tour. I am holding this one for a while.

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