SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Misonix Inc. (MSON) -- Ignore unavailable to you. Want to Upgrade?


To: md1derful who wrote (519)10/31/1997 1:21:00 PM
From: Peter H. Mack  Respond to of 947
 
then there was the million shares that showed up after the split.
Will these numbers stop increasing?

regards
pm



To: md1derful who wrote (519)10/31/1997 1:38:00 PM
From: Candle stick  Read Replies (3) | Respond to of 947
 
MD, I think that the split was necessary to raise the number of shares outstanding so that MSON could meet requirements to apply for listing on NASDAQ. This will ultimately be very good for the stock, as the listing will give them more visability and also make the stock accessible to more mutual funds...........;^)



To: md1derful who wrote (519)10/31/1997 4:18:00 PM
From: puzzlecraft  Read Replies (1) | Respond to of 947
 
doctor wonderful,

The link at smartmoney.com

says that "Ted Flomenhaft, an analyst with L. Flomenhaft Co., and the
only analyst that follows the company, had estimated Misonix would earn 14 cents a share for the quarter ended Sept. 30." and that "Flomenhaft previously estimated Misonix would earn 30 cents a share, on a presplit basis."

So part of MSON's fall must have occurred when Ted lowered his post-split estimate from 20 cents to 14 cents. Does anybody know when this occurred? I don't buy the argument that the announced split had something to do with the fall.

John