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Biotech / Medical : URMD -- Huge market potential -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Clegg who wrote (130)	11/10/1997 9:40:00 AM
From: Joe Sing	Read Replies (2) \| Respond to of 369

Hi Jeff: Sour Grapes? NOPE, Just Sour Sales! Sour Revenues! Sour Earnings! Sour Profits! Sour Stock Performance! Sour Sour Sour All The Way Around (but not grapes!) A few days ago, you wrote: <URMD should be able to sell an easy 4,000 units in the U.S. alone> Oh, where to begin???? Perhaps with the phrase, "...should be able to sell... "???? I think I've heard these hypotheticals before from our dear friend, Mr. Simon. In fact I recall that Uromed " ...should be able to sell... " $40 million in Reliance Inserts. The size of the incontinence market hasn't shrunk since that estimate; only their sales have! #2) In regards to " ...$70 million in cash ..."; how much longer will URMD have this cash????? .... Let's see .... hmmmmm ... I remember not so long ago when that number was $93 million in cash; now it's only $70 million; next it will be down to a few million less and so on and so on and so on and so on. #3) I agree with you. This CaverMap doo hicky has a lot of "potential" - as of course did the Reliance Insert, MiniGuard and the J&J doo hicky before it - but I DO NOT SEE ANY SALES !!!!!!!!!!!! simply: SHOW ME THE MONEY !!!!!!!!!! Good luck Jeff. I wish you well, but I've seen this nonsense too many times before to fall into the same trap again.