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

To: FES777 who wrote (914)	5/5/1998 5:54:00 PM
From: cool	Respond to of 2911

In a few months the stock can be trading in the $3-5 range, there might be a lot of competition for the company. Isn't the cash value $1/share? If so who would possibly want to sell for $.75? I'll give you a dollar if you give me $.75. Not. We need a list of all the major stockholders. Hey Mary, busy?

To: FES777 who wrote (914)	5/5/1998 5:54:00 PM
From: Mike Moran	Read Replies (3) \| Respond to of 2911

I heard the argument for a tender the day before the steep price increase two weeks ago. I wouldn't buy the argument then. I do buy it now. Like all of us, the tender is looking at the behavior of MDIX stock. Except for a daytrader induced spike, the stock seems to be stuck in a range of $.50 to $.625. Heavy volume days stress the high end of the range, lighter volume days stress the low end of the price range. If I were the tender I would have concluded that my $.75 offer is already a premium. Or, I would offer more or less. In this case though, I would be looking at a price to take away stock from those in at an average of $.28 and those stuck at an average of $2.00. Is $.75 enough to gain control of the company? I think $.75 is enough TODAY. A 300% return in 5 months is large enough to woo a large majority of the $.125 - $.375 shares acquired over the past five months. The other group, the disgruntled $2.00+ people are only looking for liquidity. Price is secondary to them because they gave up on appreciation months and months ago. Finally, remember that the company making the tender is looking to get into a hot new market as cheaply as possible. Free is about as cheap as you can get.