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Biotech / Medical : Biomagnetic Tech (BTIX) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Jones who wrote (32)1/15/1998 10:41:00 AM
From: Brian Johnson  Read Replies (1) | Respond to of 43
 
Recent 2/98 Individual Investor magazine (who generally I've best used as a reverse barometer) brought this one above radar re page 60 Form 4S report of recent insider (CEO) buying a lot.

Scary stuff to me re competition (GE, Siemens...) and the known validity and acceptance (by practitioners AND INSURANCE COMPANIES) verses their product.

I've been typically burned by II Magazine in the past (see how almost all of their OWN picks in the Feb. issue are down) and only pause to glance at the 4S reports.

The fact that this is only traded on pink sheets (& illiquid, uncovered except probably by the one who took it to market &/or owner) reinforces the need to tread lightly.

I might watch what this one does after the II hoopla calms down (often their picks dump 40%+ in 6 months).

Of course, II also has their own financial investment firm as well.
HMMMM... ask me if I'm surprised, eh?

No thanks,

Chary