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


To: Sam who wrote (1395)7/18/1998 11:35:00 PM
From: Arthur Radley  Read Replies (1) | Respond to of 3414
 
I've really been thinking about that "mystery" post on Yahoo!. Could be several options:
1) Move to NYSE, which would be good but I don't think they have the requirements. If I recall, they have requirements as to number of shares available in the float and also market capitalization, plus a few more. A move off the AMEX would be good for the stock.
2) Purchase of another company or product. From previous reports, it is obvious that Lee is looking for diversification into other areas. Right purchase would be good for PM.
3) PM is being bought by another company for $20.00(:>)
4) AR back in line with sales growth.

The poster on Yahoo! who mentioned that his company tried to pick up 100,000 shares and couldn't, it makes sense with the limited float in this stock.If PM at least declared a 10% stock dividend, it would make more stock available and get more parties on board.

All of this is just me guessing, as I have no idea. But I'm waiting for some good news. After this past week, I need it.



To: Sam who wrote (1395)7/19/1998 12:28:00 AM
From: Abuckatatime  Respond to of 3414
 
Sam,

IMO, no move to NYSE. TD's 4, 2, 3 selections, in that order. Continued strong top line growth, eps at upper end of projections, and AR normalizing...this is all I'm looking forward to...anything above and beyond strong fundamentals and I'm happy.
I'll offer speculation no. 5 - management to establish a dialogue with investors on SI thread. Company welcomes easier and closer access to shareholders, recognizes value in that audience, and wants to tap into that resource more aggressively. Our collective genius is about to be brought into play...throttle forward... Sam, as a belated birthday gift from the company you get to write the next press release. :-)

Greg