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Strategies & Market Trends : Rande Is . . . HOME

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To: Archie Goodwin who wrote (4169)	3/10/1999 2:55:00 PM
From: Rande Is	Read Replies (1) of 57584

Off-hand, it appears to be a fairly expensive penny stock. Still losing money like crazy, tho revs are up and loss has improved greatly. The question I always have on such companies with great new products is this. . . can they find a market for their product. . . not a demand, that is obvious. . I am talking bonafide sales to hospitals, etc. And can they get a distribution deal. Then, can they effectively manage this money to turn the company around enough to be worth their share price? This would be great at .20 cents for a run to a dollar. . .but at several dollars a share, without having BOTTOM line financials in place, I think it is too high. Rande Is

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