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


To: _DB who wrote (1493)7/22/1998 11:10:00 AM
From: _DB  Read Replies (1) | Respond to of 3414
 
Okay, I had a chance to listen to the call a little more closely. Doesn't anyone else care about this stuff??

The call went well. Stephen Lee was very optimistic about the future. He also stated that there should be additional analyst coverage - with some being "significant names" during the next quarter. In terms of the huge bad debt reserve, he stated that the company was just being conservative, that there was no change in their business and collection of receivables. They have made it a priority to manage their DSO going forward, and see plenty of revenue opportunities ahead.

Did not discuss acquisitions or early release of 10-Q, but as far as I know this is their first conference call so maybe they are becoming more aware of getting some news out there.

I'd love to hear some other views.