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Biotech / Medical : Medical Technology Systems MSYS -- Ignore unavailable to you. Want to Upgrade?


To: DJ Clancey who wrote (27)11/20/1997 1:43:00 AM
From: Dave B  Respond to of 139
 
I don't have any info on the bill paying, but their 10 Q's (the source where you are going to find out about the negatives on a company) do not show any bad signs with regards to paying these bills. But for a company coming out of bankruptcy, this has to be the #1 concern even at these price levels. If cash flow can remain solid, time will heal many of the financial wounds this company has experienced. I agree with your hold until next year view. This stock has enough of a base established to avoid going out of business anytime soon. It's definitely worth some risk at B/A of .32/.40 share.
I wonder what next quarters big news will be!!!!!

You definitely seem to know alot about this company.
Thank you for your info and links!!!!!

A relisting on the Nasdaq would be great down the road--Hopefully in '98

Dave B



To: DJ Clancey who wrote (27)11/21/1997 8:49:00 AM
From: Dave B  Read Replies (1) | Respond to of 139
 
Selling, general, and admin. expenses have increased dramatically over the past couple of quarters. Hopefully these will begin to decrease as a percentage of sales. Their higher than normal amounts have kept the company from showing a profit recently. The good thing is the increased expenditures are positioning the company to support growth down the road. I'm going to pick up some more next week.

A fairly solid balance sheet is another plus.

Dave B