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Biotech / Medical : Misonix Inc. (MSON) -- Ignore unavailable to you. Want to Upgrade?


To: Sparky Beardslee who wrote (464)10/26/1997 5:06:00 PM
From: Peter H. Mack  Read Replies (1) | Respond to of 947
 
Sparky...
I think that Vector Vest is an analysis service that is untouched by human minds.. As such it is interesting to try to evaluate the thinking and math expressions that are used by it.. It does catch my interest.....(Stock value is based on forward estimates (nxt year))
I use a spreadsheet which evaluates on the basis of probable P/E versus expected earnings. This is useful to establish fair values and current discount. Vector Apparently has tried to take some variables like beta to manipulate risk evaluations. Their recent sell item is undoubtably based on risk coupled with downward trend. It is probable that the moving averages are set tight, causing hair triggering.

The point about MSON that I have been grumbling about is the sales by insiders. Apparently, insiders got a deal on stock, which caused a selling inventory. It is unusual to be hit with this kind of selling before a stock split. We got hit with sales at seemingly any price. The 10k/Q mentions $1.10 /share acquisition. I suspect that the inventory is mostly used up now, and we are waiting for next qtr announcement.

The fact that insider trading has been all SELL has the effect of reducing confidence. I am remaining long because the fundamentals remain good, but having watched BARR as well, I am much more wary.

regards
Pete Mack



To: Sparky Beardslee who wrote (464)10/27/1997 12:03:00 PM
From: Peter H. Mack  Read Replies (1) | Respond to of 947
 
Sparky...
I have been doing some more thinking about the director sales, and I wonder if you could comment on the following line of thought..

Looking at the insider sales which were posted on Stock Smart there has been 498k shares sold by directors since August. I think that this leaves the situation as follows:

Pre -- Post split
Total outstanding 3.78 5.67
Float 2.0 3.0

If the Director sales
are added to float .498 .747

New float? 3.747

Because the float was so small, the increase in float should help
stabilize the issue???

I would very much apreciate your comments on this...

still long and optimistic.
By the way, I haven't seen any comment on ECGOF in these threads..How come??

regards
Pete Mack