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Biotech / Medical : Psychemedics (PMD)

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To: TFF who wrote (14)3/2/1997 6:50:00 PM
From: Steve Felix   of 50
 
irby, what do you actually know about Prev? Can't find anything, even on the Nasdaq web page. Their claims so far are just that, claims. "provides a 98% decrease in pre-employment testing program costs for nonmandated employees" My company sends prospective employees for a physical and drug test, to the doctor of their choice. Cost about $100 to $125 So I guess Prev is going to do it for 2 to 3 bucks. Employees with a Commercial Drivers Liscence are required to get a physical and drug test at the company doctor once a year, so no money would be saved there. Local drug and alcohol abuse councelors speak at meetings for free anytime the company wants. I'd like to see a P&L statement or a list of subscribers. Psychemedics has a long and growing list of Fortune 500 companies. Doubtful Steve
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