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Biotech / Medical : MCAR -- Ignore unavailable to you. Want to Upgrade?

To: Harvey DeWalt who wrote (186)	4/16/1998 9:14:00 AM
From: Acey	Read Replies (2) \| Respond to of 467

Listen, everyone: I hope you realize I love this company. I think it WILL multiply many fold in the years ahead. However, I'm not jumping on board this STOCK yet because it has no sponsorship as of yet. Now yesterday was nice...up a whole 1/8. If we can just hop into double digits in the near future, the ride could be on. I agree the fundamentals appear great....but does anyone know how many companies appear great until they state something is wrong. As the stock continues to fall people believe it's a greater bargain, but all that really is happening is informed investors are getting out. Now that's not what's happening here to MCAR. They have a terrific story. In fact, I've already mentioned this stock to others, and a couple have taken positions. BUt I simply like to wait until positive momentum is established. I agree with the fact that if they have 90 places open by the end of the year, and they can make a $10,000 profit per month on those facilities (like N.C.), then you're talking about $11.8 million in pretax profits per year from these places. Take out taxes at 35% and you have $7.67 million in after tax profits. This is more than $1 per share. Obviously, there are other expenses (involved in opening even more sites) and other revenues (from those other sites), but this gives some idea of the ential of this firm. Acey