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Biotech / Medical : URMD -- Huge market potential -- Ignore unavailable to you. Want to Upgrade?

To: george who wrote (277)	6/2/1998 11:56:00 AM
From: Hugh A. McWhorter	Read Replies (1) \| Respond to of 369

Anyone beside me had a bad experience with a company which did a reverse split? Several years ago I invested in ELSI (a company which had a revolutionary battery and what I thought was a large contract with Chrysler). They did a reverse split too and the exact same thing happened. The stock went down, down, down. I just looked it up and ELSI is now trading at 62 cents. I don't recall the terms of their reverse split but seems that I originally paid close to $3 for the stock. Then the reverse, then the slide. Fortunately I did not bet the ranch--just the outhouse. Seems like URMDD (2 d's) is now at the stage where it should show something like sales. It is hard for me to believe that a company would do a reverse without revenues in the pipe line. Hope URMDD has some. They keep releasing products but their sales are less than humorous. Hugh