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

To: Creebo Hoe-Down who wrote (1583)	7/30/1998 1:21:00 PM
From: Arthur Radley	Respond to of 3414

Safeco funds have a great track record and I've just requested the forms to put some money with them. If they were smart enough to pick up PM last year, they should be able to handle my "piddle" little account.(:>) The last time I spoke with Lee, I think he told me that he had more than 60,000 shares now. I like it when management has a vested interest in the stock doing well.

To: Creebo Hoe-Down who wrote (1583)	7/30/1998 1:23:00 PM
From: Abuckatatime	Read Replies (1) \| Respond to of 3414

<< I wonder what our combined SI Board holdings are?>> After subtracting our collective holdings, I reckon there might by a few hundred thousand shares left in the float. And it looks like someone is after them today.:-)

To: Creebo Hoe-Down who wrote (1583)	7/30/1998 1:32:00 PM
From: _DB	Read Replies (1) \| Respond to of 3414

Thanks for that insider update, it is really good information to know. Previously I had discussed the reserves this company had built up during the first quarter (with the A/R bad debt and sales allowance reserve - up $1.5 million on the quarter), another point I'd like to make about that: When fiscal year 1998 results were released and the company guided analysts a little lower ($.11 to $.13 from the previous $.14), the stock took a pretty good hit, and stayed there as we all know. Well, it would seem to me that the quarter wasn't going to be lower like they initially thought, but since they had guided the "street" lower, that maybe it would look strange and even a bit embarassing if it turned out that the warning was completely unnecessary. So, the thinking here is ... the increased reserves reduced the earnings into their previously announced range, that the quarter could have even shown better results, and that going into the future there shouldn't be too much risk for them to at least meet, and more likely beat (unless they already guided lower?), the estimates. Like the rest of you, I am loving the large blocks going through on the ask side this afternoon, let's hope we're not just being teased here. DB