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Biotech / Medical : Medical Industries Of America, MIOA -- Ignore unavailable to you. Want to Upgrade?

To: The Pope who wrote (399)	11/17/1997 10:18:00 AM
From: Jamessmith	Read Replies (1) \| Respond to of 570

If you are right. The credibility of the company is questionable, as reflected in the news release: Paul Pershes, president of Medical Industries of America, stated: ''In spite of the fact that the third quarter historically reflects the company's weakest financial performance during the year due to the dynamics related to Florida retirees returning North for the summer, we are delighted to report, yet again, that our corporate objectives for achieving sustained profitability have been met. In fact, our own expectations for the third quarter have been exceeded, further building confidence that Medical Industries is on track to deliver its first fully profitable fiscal year in the history of the company.'' Obviously they made the impression that they are making profits from their businesses. James