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Biotech / Medical : WAND (Milestone Scientific) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Coakley who wrote (544)	6/4/1998 3:07:00 PM
From: patlew	Respond to of 717

Mr Coakley I think Gintel Asset Management & Co just instituted a mandatory retirement policy. adios

To: Brian Coakley who wrote (544)	6/5/1998 12:22:00 AM
From: Robert Gintel	Read Replies (1) \| Respond to of 717

<<A comment from Mr. Gintel would be greatly appreciated. The news speaks for itself.>> Now that Mr LLoy has seen fit to retire me from my own firm, I am not sure I have a job or should be publicly posting any more? But in a more serious vein, I have seen downdrafts in a stock like this innumerable times. Montgomery Securities, one of the Milestones supporters in the "Street" learns, and publishes to it's clients that the expectations of its analyst, of the company, and of others are not going to be met over the short term. It spooks many customers who do not wait to learn, digest, and evaluate the facts and there is an momentary and immediate imbalance of orders with sellers and no buyers. The stock is shut down for further trading until investors can have an opportunity to assess the situation. As everyone knows, the company is fulfilling that obligation and will have yet another investors' conference call early this morning. Then each of us can make our own assessment regarding our investment in Milestone Scientific. There is no need for me to comment further at this time. I have said repeatedly that one needs to take a long term view with this investment, and that while the company, in a few short months, has made enormous progress in bringing the Wand to the Dental market, that is not to say that its growth will not be lumpy or necessarily smooth. We must not forget that this is almost a start up company in the very early stages of its growth and development and long term investors must learn to live with the stock's volatility, and even with management's early learning curve errors. I do believe from everything I have seen and heard, that the company has a good chance of succeeding in its endeavors and in achieving its long term goals and objectives, and while I can never be sure, in advance, of being right, I certainly am not going to let panic stricken sellers make me believe the sky is falling; nor short sellers, with their own transparent agenda, destroy my confidence in the company in an attempt to influence me to liquidate my holdings. In fact, quite the reverse, I am wondering whether or not to increase our already large investment in the company at what could prove in the future, looking back, to be really bargain prices. Like the rest of you, I would like to hear what the company has to say tomorrow about how the world looks to them.