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


To: Zeev Hed who wrote (581)6/8/1998 2:16:00 PM
From: Brooks Jackson  Read Replies (1) | Respond to of 717
 
Zeev: I hope you mean "appetizing" on the long side. Do I recall correctly that you don't short?




To: Zeev Hed who wrote (581)6/9/1998 9:50:00 AM
From: Mason Barge  Read Replies (2) | Respond to of 717
 
It's hard to read at this point. I think they are actually selling product. The biggest problem I have with this company is the management, which really does seem to be having difficulty with execution in a lot of ways. But they haven't done a terrible job -- they do have the thing up and running.

What they might need to do at this point is start showing a profit and attempt to grow incrementally. If this thing becomes self-sustaining for a quarter or two, they can pre-announce an extraordinary marketing push and show a little loss without hurting share price.

I'm afraid we are in a more realistic range at this point. I haven't ridden it all the way down, but I've taken two hits, one from buying at 24 and selling at a loss, and then rebuying at 16 recently (I think this last was the worst I've ever done). It's been an object lesson in story stocks for me. At least I got out of Quigley with a profit!

Anyway, I think they have the core of a good business and it ought to be pretty good at this point, especially if they start placing it with podiatrists.