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


To: Jeffrey Beckman who wrote (579)4/25/1998 10:42:00 AM
From: Dave Gore  Read Replies (2) | Respond to of 2911
 
MDIX phone call to Sue@Investor Relations. You may want to read:

Many of you know me as a straight shooter. Here is waht I discovered after talking to Sue @Libert Hilehorn (sp?), their IR group. Sue seemed like a solid person and was definitely NOT going to verify if there was any news coming. She had had lots of phones calls and told everyone the same thing.

Now, I asked her some other questions (answers are paraphrased a bit)

Q: What are the positives of this company?
A: Their Cymedix deal and the software and what it does is very interesting to the medical community.

Q: Aren't there lots of other companies that have similar software?
A: Yes, but we have a good head start over most of them. We also have attended some conferences and had some VERY GOOD follow up interest from potential customers [she was very positive}

Q: Why has the stock traded in such a low range? I mean 13 cents to 66 cents for a company that has good revenues and decent float?
A: Well, we feel the company is undervalued, but part of the answer may be in the large amounts of warrants, options, and private placement money. You might want to check into this. The company is trying to clean up their act, but just look at it...it is still pretty messy.

Q: You mean that lots of people can exercise options or sell their warrants for a big profit at low levels? Has that maybe put a CAP on the stock price (i.e. why it hasn't traded higher)
A: I think so, but you should check out the K for yourself.

Well, that's about all the time I had, and all I wanted to know. I suggest someone really check into the WARRANT/OPTION/PRIVATE PLACEMENT situation. This stock could have large dilution. I just couldn't figure out how come it wasn't a $1-$3 stock. This may be why. If tons of people are in at 10 cents or 20 cents or even a $1.00, this may have a limit on the upside (i.e. a "drag-down" effect). I will NOT post this information anywhere else.

If you are in MDIX, I would personally suggest you watch it VERY VERY CLOSELY....with news it could go much higher, but it could also tank fairly quickly too, especially if tons of warrants and/or options are out there to dilute potential earnings and if daytraders decide to all of a sudden "get out".

PS-- I've been wrong before but this one has extreme volatility written all over it. Check those warrants and options and report back to the group....I'm not in this stock, so I will let someone else do the rest, I just don't want anyone to get hurt or lose potential profits. Plus I felt I should at least report back what I learned from their IR group.

Best of luck,
Dave



To: Jeffrey Beckman who wrote (579)4/25/1998 1:47:00 PM
From: Emec  Read Replies (2) | Respond to of 2911
 
Jeff,
I am new to MDIX and not sure about the ADRX connection. I own ADRX stock and calls. Unless ADRX is somehow a different company than Andrx Corp. I can tell you that MDIX will not own ADRX. ADRX is an awesome company that will be $100 in 2 years.