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Biotech / Medical : IFLO is Breaking Out -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (863)3/13/2000 12:06:00 PM
From: Toni Wheeler  Read Replies (1) | Respond to of 1018
 
YIPPIEEEE!!

YESSS....F I N A L L Y !!!!

[patience DOES pay!]

Pick for: Mondayÿ March 13, 2000
Stock Symbol: IFLO Stock name: I-Flow Corporation
Yesterday's price: Open 4.219 High 4.250 Low 4.000 Close 4.031

Buy at: $4.50 or less
Sell at: $22.00 or higher

I-Flow Corp. makes "technically advanced ambulatory infusion systems" that get a wide variety of chemicals and/or treatments into your body.ÿ In the process of doing this, they save patients money and make the firm lots of money.ÿ For the 9 months ending 9-99 revenue was up almost 30% and net profit was up about 400%.ÿ Much of the increase was due to acquisitions and higher margins.ÿ Since they are a currently a rather small firm, no one seems to have noticed them.ÿ They have a return on assets of 35%, return on equity of 55%, a PE of about 7, and high profit margins.ÿ While the stock is currently up 55% for the year, it is only about 80% of its high for the year.ÿ With continued growth and the current interest in the Bio-Medical stocks, the stock could easily go to $25 or $30 in the next two years. Take a good look at this one and see what you think. >>>

thestockpickerspage.com

MY BEST TO ALL,
T.



To: James Strauss who wrote (863)3/13/2000 12:10:00 PM
From: Andrew  Read Replies (1) | Respond to of 1018
 
It looks like this is heading for new highs...

I bought 1/4 of my position in IFLO at 5 9/16 in 1996, and it promptly went down from there. Fortunately, I averaged down and quadrupled my stake at 1 1/2. It would appear to me as a non-technician that once we puncture 6 "all resistance is futile". <gg>