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Biotech / Medical : Matritech (NASDAQ - NMPS) -- Ignore unavailable to you. Want to Upgrade?

To: William J. Leiby who wrote (655)6/12/1998 1:17:00 PM
From: Damon Pham  Respond to of 849
 
Yeah, things aren't looking too good right now. The management team really fumbled big time. This year was suppose to be a good one for the company with revenue growth and hitting more milestones. Instead we have seen the stock hit a new low.

Did anyone attend the annual shareholder meeting? Be curious to know what happened.

I'm sure a lot of peole are disappointed with the company right now (myself included). I still believe they have great technology, but the adoption of a strategy and execution of it would be nice to see.



To: William J. Leiby who wrote (655)7/7/1998 4:34:00 PM
From: Damon Pham  Read Replies (1) | Respond to of 849
 
So, what do you make of this? He bought on the open market. Sign of confidence, impending news or pure PR move?

********
07/06 Insider Buys MATRITECH INC. Stock

FORM 4

ISSUER: MATRITECH INC.
SYMBOL: NMPS

FILER: CHUBB STEPHEN D
TITLE: Chief Executive Officer
PURCHASED: 06/17/98 12,000 2.38
OWNERSHIP: 385,802


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