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Biotech / Medical : Menley and James **MENJ**

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To: Yukon Charlie who wrote (2)3/14/1997 2:55:00 PM
From: Franklin   of 18
 
Oh I don't think its naive to ask you why you think this stock is going to be a winner. Why does the company think they will have a 1300% increase in earnings? Have they come up with some new wonder drug? H$F picked this one based on their balance sheet. Show me it. Debt is almost nil. Does that mean $1,000,000 or $10,000,000? There are a lot of small cap companies that only have 2.5 million shares in the float. Has the company made any offerings or private placements that could possibly dilute the float? The price is currently close to its 52 week high of 1 13/16 and it has not shown much movement in the past year.

Believe me, I would never buy without doing my own investigating and due diligence. But first I want to find out if its even worth investigating.

Good luck to you and MENJ.

Franklin
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