SI
SI
discoversearch

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.
Biotech / Medical : Medical Technology Systems MSYS -- Ignore unavailable to you. Want to Upgrade?


To: DJ Clancey who wrote (100)3/18/1998 4:24:00 AM
From: Dave B  Respond to of 139
 
I have some questions too...

Why am I the one, instead of MSYS, spreading this info out. I would think the company would be getting press releases out to the public like just about every other public company including other BB Stocks.
I can't find the quarterly press releases that I receive in the mail anywhere else. And If didn't receive the LifeServ customer newsletter in the mail by request how would we know about this anticipated growth in that division. These are concerns of mine.
As far as rapid customer growth over the next 60 days, it may be because of most sales efforts and product releases were not resumed until the beginning of '97 after being suspended for all of '96 OR Peritronics(new merger) may have a large customer base that is contributing heavily to the 200 figure. Probably a combination of both. When I talked to LifeServ in Dec. they made it sound like early spring(April,May) was going to be the time for big things to begin happening. And the e-mail and this newsletter I received seem to help confirm this.
But again...If things are so great why don't they get all of this out to the public.
Also, in regards to sales growth, there was a new(more experienced) management team put into place at the beginning of '97. I'll list them in my next post.
Dave B



To: DJ Clancey who wrote (100)3/18/1998 4:48:00 AM
From: Dave B  Read Replies (1) | Respond to of 139
 
Here's more........
These are the first two paragraphs of the Presidents Message:

Although it's a new year for most of you, we are in the last quarter of our fiscal 1998(ending March 31, 1998). However, calendar 1997 was a significant year for LifeServ and a time of growth unprecedented in our company. We started the year by putting in place a senior management team- a team which has a wealth of experience in both the software and medical fields. Rick Sullivan, our vice president of sales, has been selling into the hospital environment for 18 years. Bob Burrows, our vice president of engineering, has been building and installing complex software systems worldwide for 20 years. And Shane Whitlatch, our director of marketing has over 5 years of experience in medication dispensing systems sales support and installation.
The second change we instituted was to drive our company to be product management-lead. Allowing those to lead our product development efforts who are industry experts and who can succinctly articulate the needs of the marketplace, will ensure that we continue to deliver the best price/performance products among our competitors.
------
In another paragraph, '97 was described as "foundational" in regards to future growth...
Also, 25 new customers were "welcomed" in this newsletter(new since the last newsletter). I believe it is bi-monthly released, so 25 seems like alot.
I hope this was of some interest to all.
If I find out more, I'll post.
Dave B