Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter who wrote (851)	5/2/1998 10:44:00 AM
From: Ken W	Respond to of 2911

Peter, I think that there will be no "old" shares of MDIX. The press release is somewhat confuseing as it says that MDIX is being acquired. What is actually happening is that the staffing services part of MDIX is being sold off for cash and stock. MDIX as a sole enitity will survive and, basically be dependent on Cymedix Lynx as its core business. While the staffing services part of MDIX was revenue generating, Mr. Yeros and Mr. Berman feel that the Lynx product is more cutting edge. This may be viewed as sort of putting all of your eggs in one basket, but there is alot of room for expansion. IMO here is what we have. Strong management Viable product Distribution of the product Large market base for the product and now some infux of cash to expand. Hope this all helps Ken W