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Biotech / Medical : The Stock for 1999(Polymedica)PLMD(Medical Supply Co.) -- Ignore unavailable to you. Want to Upgrade?


To: Apakhabar who wrote (1310)7/2/1998 12:35:00 AM
From: Abuckatatime  Read Replies (1) | Respond to of 3414
 
Apakhabar,

Thanks for providing some background on Ms. Stefano. I'd like to believe that PM's stock will follow a course similar to that taken by Cordis, and now that we've completed the downleg we can move toward and beyond the $16-$18 target price that she sees for PM over the next 12-18 months. She has authored at least three reports on PM this year, the latest on June 15 in which she described PM's new UTI test strips. I received copies from PM's investor relations. Phone 781-933-2020, ext. 200.
And this just in from Zacks: Josephthal today increased their estimates for PM's FY99 from $.64 to $.65. Probably means the stock will trade down tomorrow. :-) The price is right for buying. But, as you mention, one has to have patience. This is one stubborn critter.

Greg