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Biotech / Medical : Swissray Intl. Inc. (SRMI) -- Ignore unavailable to you. Want to Upgrade?


To: Jeremiah who wrote (388)4/9/1998 9:24:00 PM
From: George Yorg  Respond to of 763
 
Jeremiah,
Here is a rationale for your question. First there has been a decided lack of news about the crux of the situation, how are the sales going.
We needed to hear something from management by now. We needed some testimonials from some European cllient hospitals who have had a history of use by now. It hopefully will be published very soon.
Without these assurances a lot of people have decided it is not as good as it should be. Then there was the throwing on the market, 6,000,000 shares by a lender exercising options. That was a 25 to 20% dilution and we have just seen the second return to that position. In other words. when the stock stabilized at 1, and the extra shares showed up, 75 cents was an equal position.
My feeling is that a great many folks who had this stock sold it and we have an equal number of new buyers. I hope we will all be laughing all the way to the bank. I feel that a large number of old buyers will come back. When this happens we are off to the races.
I am ready to buy more at todays price.
Regards.,
George