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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX) -- Ignore unavailable to you. Want to Upgrade?


To: atticus4paws who wrote (500)4/23/1998 10:48:00 AM
From: Mike Moran  Read Replies (1) | Respond to of 2911
 
I watched the piece on CNBC this morning. The company mentioned was Synetic (SNTC). Sounds similar doesn't it. A couple of things about SNTC:

1) SNTC was assembled in 1995 as a couple of leftover chunks of the Merck-Medco merger. Their offices are about 5 minutes across the GW Bridge. The guy who runs SNTC, Marty Wygod, was the honcho of that merger and is personally worth about $3 billion.

2) There are rumors of some loose ties between SNTC and Cymedix over a former sale of MDIX technology to SNTC as well as the ADRX theft issue. In fact SNTC is rumored to be another company thinking about bringing suit against ADRX. I called MDIX about 3 weeks ago and couldn't get a firm denial about that rumor.

3) That piece on SNTC was a blatant sales pitch. But it appears to have worked. SNTC will be another player in medical stuff over the Internet, but they don't appear to be competitive with the MDIX.

4) Why doesn't MDIX stock run like this?



To: atticus4paws who wrote (500)4/23/1998 11:01:00 AM
From: Mike Moran  Respond to of 2911
 
Ohmigod, I almost forgot why I logged on to S/I. Heard from two places today that MDIX is planning the BIG announcement this coming Monday. I was told the $9 million figure rumored is true but this announcement will be one of those "stock stops trading" announcements and be directed toward the Cymedix Internet division.