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


To: needawin who wrote (418)4/30/1998 12:46:00 PM
From: George Yorg  Read Replies (2) | Respond to of 763
 
Ray,
I think you are becoming impatient. Yes there has been a lack of news lately, but when it is that quiet, something must be brewing. Comtrat that with news of earnings dropping, presidents being canned or resigning, new accountancy firms being hired, old accountancy firms deserting sinking ship, major investors leaving en masse,etc. etc. etc. Thats when one begins to feel the pinch.
I attribute the quietness to the possibility that SRMI mayy be merged or ohterwise bought up by a major entity.
I heard one piece of news this morning.
Someone wiith a subsciption to a technical magazine informed me that Swissray has reported selling its Empower unit for $5.5 Million.
That takes off some pressure cash wise and that looks like good news to me.
Regards,
George