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Gold/Mining/Energy : Park Meditech PMDTF

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To: trustmanic who wrote (28)2/24/1997 7:43:00 PM
From: Doug Schneider   of 216
 
George/PACC,
I finally received the email from IR -- it looks like it took a week from the time Judy sent it until I got it. For what it's worth....

DOUG wrote:
>
> Park Meditech,
> I have been a shareholder for almost two years now. My share value in your
> company has reduced by 4x's. Your product seems to be ahead of its time
> and the reports show an improving bottom line. But, it is becoming harder
> to justify my investment in your company when no analysts seem to realize
> your potential. I would be interested in knowing if there are any current
> plans to increase awareness to the analysts, and/or any near term
> substantial buyers of your product. In a past report, there was mention
> made of a sale to a prospective health organization. Have these sales
> materialized? Are there any press releases to bring the deserved
> attention?
> Doug
Mr. Schneider,
We have been seeking a PR company that is involved in both the financial
and medical markets; unfortunately, at this time we cannot afford the
larger companies, and we doubt the effectiveness of the smaller ones.
Concerning new orders/customers, we are currently short-listed against
either Siemens or ADAC in about 15 hospitals; the hospitals prefer our
technology but are leery of the company's viability. To this end, our CEO
is currently in negotiations with the FTQ (our major shareholder) and
others for additional capital investment. We expect to issue a press
release within the next two weeks.
02/11 GE announced a merger with El Scint; their nuclear medicine
divisions are combining to create an even larger competitor. We feel this
news is somewhat responsible for the recent decrease in the stock.
Premier, an HMO that merged with SunHealth Alliance, is only now able to
organize their sales force. As of the end of January they were to begin
recommending us as their "vendor of choice"; we expect this to increase
our sales potential.
Regards,
Judy Bradley
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