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Biotech / Medical : WAND (Milestone Scientific) -- Ignore unavailable to you. Want to Upgrade?

To: MG who wrote (642)	7/24/1998 12:49:00 AM
From: Ron Kline	Read Replies (1) \| Respond to of 717

It's not necessarily saying that MS will go out of business, but that there is not going to be much growth potential for this company with their one product the Wand. My problem with owning the company is that I felt it was very risky when you really do not know how accepted their product will be. I said that when it was trading at $10 and I will say that now when it's at $3. I don't see the reason to take the risk in putting money into this company. Why after the company says everything is rosy and they are doing a large buy back of stock does it drop 3/4 of its value. That's not even counting when it was trading at over $20 last year. Something is not going according to plan and the stock is probably not undervalued based on the current market of their product. If you believe in management that they can penetrate the market with this product then you might want to take the risk to own it. I happen to not really think it's worth betting money on this one with the unknowns. But I'm not one to buy stocks that have been thrown in the gutter to die. Ron