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Biotech / Medical : Misonix Inc. (MSON) -- Ignore unavailable to you. Want to Upgrade?

To: Untouchable who wrote (747)	6/12/1998 2:06:00 AM
From: Petemeister	Read Replies (1) \| Respond to of 947

Hangin' tough. It seems the whole market is in a funk. Misonix is not generating any renewed buying interest since the pop before earnings were reported. Volumes have been meager most days with some of the shares bought before the pop to 8 3/8 probably being sold. We may have to keep waiting but with roughly $.60 in trailing earnings at the fully taxed rate, growth in earnings of about 30% a quarter, virtually no debt and a positive cash flow, Misonix is undervalued by about 50% (or more with continued growth). We do need some more buyers, buyers like mutual funds. Part of the problem is that nobody knows about or gives a s___ about MSON, being a NASDAQ small-cap issue. We need to be patient, get a couple more quarters of good, solid growth behind us and we will approach the top we saw 6 months ago when people finally sit up and take notice. And, what the hell, we need to be in 18 months anyway for the reduction in capital gains.