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Biotech / Medical : Colorado MEDtech, CMED -- Ignore unavailable to you. Want to Upgrade?


To: WallStBum who wrote (281)12/24/1999 9:47:00 AM
From: Grommit  Read Replies (1) | Respond to of 288
 
I am new to this stock, but here's my opinion.

I just bought this one a few weeks ago and darn, look what happened. Well I got a few more shares just now, since I believe the story of this being temporary, and mgmt has been very, very effective in the past.

I bought it for
(1) No debt,
(2) ROE 26% 5 year
(3) ROE 32% TTM
(4) Price/sales reasonable
(5) Good earnings outlook
(6) Great Sales Growth

All those thing tell mgmt is effective. And I like the fact that they are not overpaid, per the proxy. I put my faith in them. This announcement coming out so early, with evidently no leaking to the street is very good handling of the situation.

They will overcome this bump in the road.

Any other views, from those of you with more understanding of the history?