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Biotech / Medical : Colorado MEDtech, CMED -- Ignore unavailable to you. Want to Upgrade?


To: Paul K who wrote (39)12/30/1997 12:28:00 PM
From: WallStBum  Read Replies (1) | Respond to of 288
 
CMED is poised well here IMO. Multiple recommendations, MCRR, Cohig, MH Meyerson, and now John G. Kinnard at a strong buy.

This latest news is just an INITIAL order valued at $2.6 million increasing CMED's annual revenues approximately 10%. For 15 units = ~$175,000 per unit. For a machine that produces high-grade oxygen out of regular air - sounds sexy to me, anyways.

I would like to see more "outside" sales. This contract is with Vencor a large owner of CMED stock, so while I'm excited for the contract, the thought at least crosses my mind as to whether they would get such a contract, but for the above connection.

dax