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Microcap & Penny Stocks : Universal Medical Sytems (UMSI) -- Ignore unavailable to you. Want to Upgrade?

To: Benoit Desrochers who wrote (308)	11/5/1997 5:43:00 PM
From: Skaar	Respond to of 1672

Hey Benoit: Here is the whole release in case you didn't get to read it: BusinessWire, Wednesday, November 05, 1997 at 11:57 MIAMI--(BUSINESS WIRE)--Nov. 5, 1997--Select Capital Advisors, the Miami-based investment banking firm for Universal Medical Systems, Inc. (OTC BB:UMSI) announced Wednesday that it has arranged for a financing commitment totalling up to $5 million for the company, of which the first $400,000 has been funded. Universal Medical is a Clearwater, Fla.-based developer of high technology medical diagnostic and treatment systems. These funds are being allocated to support the company's manufacturing and new product development operations. Myron A. Baker, President of Universal Medical, stated: "We are dedicated to building shareholder value through increased sales and service on our existing product lines as well as through development of new leading edge products. Our immediate plans include continuing production of our PVR Update System and CT Simulator System. Select Capital Advisors represents a strong link to the capital that our company needs for sustained growth and is an important partner in our strategic development plans." Select Capital Advisors is an international financial services holding company with offices and affiliates worldwide which provides small to medium sized emerging growth companies with a wide range of investment banking services including international equity offerings, structured finance, mergers and acquisitions, venture capital financing, and bridge loans. Select Capital announced successfully completed investment banking transactions totalling more than $493 million for 1996. According to Select's Chairman, Ronald G. Williams: "Universal Medical is a strong company with an excellent management team. When sufficiently capitalized, this company can develop from one with an enormous potential for growth into the reality of being an industry leader. Select is proud to be associated with financing the growth of this company, and we will continue to support its expansion plans." For further information, contact Lynne Sifford of Select Corporate Information at 305/856-5668 or Mike Baker of Universal Medical Systems at 813/535-2022. CONTACT: Lynne Sifford, 305/856-5668 or Universal Medical Systems Mike Baker, 813/535-2022

To: Benoit Desrochers who wrote (308)	11/5/1997 7:42:00 PM
From: Dan Dieffenwierth	Read Replies (2) \| Respond to of 1672

Yes Ben, that's the way it looks to me also. Could the filing without this financing completed possibly have caused some doubts by the shareholders and possibly some selling off of shares? Therefore causing the price to drop maybe much more. Possibly the company thought this and proceeded on in this way in order to increase share price instead of having more drop. Isn't it something that shareholders love good productive news put out by the company but when it's just general news (not bad) we start to question the validity of it. Boy these companies sure have to be carefull about the news they put out. Even how it's worded. Just a few thoughts. Dan