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

To: HRAKA who wrote (417)	12/4/1997 12:20:00 PM
From: Wally	Read Replies (1) \| Respond to of 1672

To All: Has anybody checked out Select Capital? They're the people who alledgedly lent out $5mil to UMSI a few weeks back. They have a web site at selectcapital.com. Here's some public info about that they posted on the Net to explain their criteria for loans. Apparently, THEY were able to receive the financials that no one else can get. Wally For what it's worth (closing in on 2 cents) here's a quote from one of their pages: " A client corporation which meets the following criteria is most likely to benefit from Select Capital's investment banking services: The company has been operational for at least 2 years; The company is presently profitable or can be profitable within the next twelve months after the infusion of equity and/or debt. Select tries to avoid the representation of companies whose profitable operations are years as opposed to months away; The management team must be in place and own a piece of the equity or have economic incentives for achieving success; The company should develop, manufacture and market a product that the public can readily understand; The company must have audited financial statements or be capable of being audited within a short period of time.

To: HRAKA who wrote (417)	12/4/1997 7:21:00 PM
From: ARCHIE P.	Read Replies (1) \| Respond to of 1672

Hraka my bud, answer this question for me please, When is the best time to buy stocks? A)When everyone loves it and the price has soared, and it is way over priced. B) When it has been dumpted like hotcakes and even the faithful are ready to throw in the towel. My answer to this is now is the best time to load up on UMSI for a snap back to the .75 or 1.00 dollar area in the next 6 to 8 weeks. I first bought this thing in the $2.00 range and I can now get 10 times as many shares now as then. No guts no glory fellows, for under 2,000 I can get 15,000 more shares. Tax loss selling and the Reg S has killed the price of this stock. If it does not work as I said before, it's a great write off for next year.....Archie. P.S. Hraka, how about that ABTX, loved it and loaded up on it when was like UMSI....the results speak for themself.....