Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Laurens who wrote (1102)	2/3/1998 12:56:00 AM
From: Art C.	Read Replies (1) \| Respond to of 1672

Lauren---It occurred to me that UMSI invested in a company in France. Has anyone looked into that? CLEARWATER, Fla., Sept. 4 /PRNewswire/ -- Universal Medical Systems, Inc. (OTC Bulletin Board: UMSI), announced today it had reached an Agreement to acquire Imaging Products International, Inc. (IPI), located in Chantilly, Virginia, and SAMBA, a Division of Unilog, located in Paris, France. The effective date for final closing of the acquisition is 9/30/97, subject to board approval by UMSI. In making this announcement, Mike Baker, President of UMSI, stated that this is another in a series of planned acquisitions of medical systems companies. Both IPI and SAMBA are engaged in the development, production, and marketing of proprietary cell analysis systems. These systems provide a pathologist with the ability to improve diagnosis of biopsies through the use of digital cameras with features to enhance, magnify, and transmit images to any location. The system also enables the pathologist to perform a detailed analysis of the images. Baker also stated that a major feature of the acquisition is the synergism these telepathology systems provide to the current UMSI product base. The development program for UMSI's Optical Imaging System for the early detection of cancer can now be accelerated using many of the hardware and software features of the acquired systems. Stevens Avery, President of IPI, stated that combined sales of IPI and SAMBA exceeded $2.0 million over the past 12 months, and with increased marketing and financial support to be furnished by UMSI, a substantial increase in sales can be expected in the near future for current and newly developed systems. More than 50 systems have lready been installed at various locations, including the National Institute of Health, Johns Hopkins, M.D. Anderson Cancer Center. An average system price is $75,000. UMSI, which trades under the OTC symbol "UMSI" is a leader in the development of high-technology medical diagnostic and treatment systems for its targeted markets. What about that Imaging company in France? can you get in contact with it? Seems that according to this particular announcement that there are a great deal of people involved in this company than just Baker and Zani and old what-his-name. Art

To: Laurens who wrote (1102)	2/3/1998 9:35:00 AM
From: Skaar	Respond to of 1672

No he never called back. Didn't really expect him to. Skaar

To: Laurens who wrote (1102)	2/3/1998 12:56:00 PM
From: ozzi	Read Replies (1) \| Respond to of 1672

Sorry, don't see the connection with NWCI, at a glance. Negative earnings and no volume. One could be stuck in this one for awhile. It does seem to have established a rolling pattern. If so it has further to drop, on the TA end of it. Then again, I owned UMSI at one time, so what do I know? I currently play with 8-10 small caps at a time. Very please to say they are doing well. One that looks very attractive and is on its way up is TSIS. They are signing major contracts, has an outstanding IR department and high volume. To boot they are on the bottom of the curve right now, which makes it more attractive. The Co. is being followed by the Waaco Kid and they are having a board meeting this coming Monday. Supposively more good news. I'm not trying to pump this co. it will seek its own value. Just hope to help someone find a possible gainer, in the near future. Check out their thread, all positive. Plus Skaar you asked and theres nothing else to talk about referencing UMSI. Goodluck, Gary