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Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Cisco who wrote (631)12/10/1997 8:04:00 AM
From: george  Respond to of 1894
 
Interesting story on stock rigging this morning:
msnbc.com

Also, the thin prep slides do work better than the conventional slides, but a cytologist still has to read the slides and so thin prep plus accumed make a good combination.
George



To: Cisco who wrote (631)12/10/1997 12:15:00 PM
From: Frank Buck  Read Replies (1) | Respond to of 1894
 
Cisco and Others,

Did you read the post by Gary Foote on Yahoo's ACMI Thread. He states message #35 of #39...

"So thankyou guys from SI. Keep those postings going, your starting to get a fan club."

Maybe The Motley Fool web will start an ACMI thread. Then AccuMed will really have broad coverage and exposure. Anyone know if there is any ACMI activity over there?

As far as I know the BIG-three are SI, Yahoo and the Fool. Any other well recognized stock-forum group/threads?

Anyone ever heard of a fan club-"stock-groupie"?... Me neither. Anyone from abroad out there? We would like to hear what you have heard in regard to the AccuMed/Leica International agreement and international
community response to AccuMed's products.




To: Cisco who wrote (631)12/10/1997 11:10:00 PM
From: Cisco  Read Replies (4) | Respond to of 1894
 
To all,

After watching the stock price of ACMI get bashed for no justifiable
reason, perhaps it is time to reflect upon the situation if for no
other reason than to maintain ones sanity. Lets consider similar
companies in the field and after comparisons draw some conclusions for
AccuMed.

CYTYC Corp (CYTC)

Sales for trailing twelve months $1.8M
Market Cap $446,891,813
Price/Sales Ratio $22.27
EPS -1.46
(Market Cap)/Sales Ratio $24.42
Zacks' Wall Street Buy Recommendation 1.3

Neopath Inc (NPTH)

Sales for trailing twelve months $9.14M
Market Cap $208,495,500
Price/Sales Ratio $24.54
EPS -1.69
(Market Cap)/Sales Ratio $22.81
Zacks' Wall Street Buy Recommendation 3.0

Neuromedical Systems Inc (NSIX)

Sales for trailing twelve months $8.14M
Market Cap $100,769,500
Price/Sales Ratio $13.81
EPS -1.25
(Market Cap)/Sales Ratio $12.32
Zacks' Wall Street Buy Recommendation Not Rated

Matritech Inc (NMPS)

Sales for trailing twelve months $1.7M
Market Cap $90,392,250
Price/Sales Ratio $48.97
EPS -0.39
(Market Cap)/Sales Ratio $53.17
Zacks' Wall Street Buy Recommendation 1.6

Chromovision Med Sys Inc (CVSN)

Sales for trailing twelve months NONE
Market Cap $160,753,125
Price/Sales Ratio NA
EPS NA
(Market Cap)/Sales Ratio NA
Zacks' Wall Street Buy Recommendation Not Rated

AccuMed International Inc (ACMI)

Sales for trailing twelve months $13.2
Market Cap $33,223,125
Price/Sales Ratio $2.65
EPS -0.68
(Market Cap)/Sales Ratio $2.52
Zacks' Wall Street Buy Recommendation 1.0

Group Average

Sales for trailing twelve months $8.42
Market Cap $173,420,885
Price/Sales Ratio $22.45
EPS -1.09
(Market Cap)/Sales Ratio $20.60
Zacks' Wall Street Buy Recommendation 1.7

What would be ACMI's share price if the company was valued at the
group average for the following:


Based Upon Share Price
Price/Sales Ratio $13.08
(Market Cap)/Sales Ratio $12.01

But is AccuMed average? Consider the following:

1. Only AccuMed has a 1.0 buy recommendation.
2. AccuMed is one of only two in the group projecting to become
profitable next year.
3. Only AccuMed has now been shown to produce an immediate cost
benefit for the laboratories while increasing quality.
4. AccuMed has stated that the sales revenues growth for 1997
came primarily from "increased sales in the microbiology product
line and the addition of the ESP product line." During the
conference call the company now says interest in the cytopathology
side of the company is taking off both nationally and
internationally with systems being sold and contracts being
signed.
5. Projections for Sales Revenues for 1997 is projected in the
$20M range. At this rate of growth AccuMed's current Market Cap
is probably less than what their 1998 Sales Revenues will be!
No other company in this group can come close to saying that.
6. For icing on the cake, AccuMed has just announced that it has
completed corporate consolidation which should reduce operating
expenses next year by $2M.

Can anyone explain to me why the stock is selling so low?

Cisco