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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 (2223)	11/22/1998 3:24:00 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 3414

Off Topic: I recently mentioned a stock that I thought had some potential. For those interested, I thought you might find the following interesting: Over the weekend, I reviewed all NASDAQ stocks in the November 23, 1998 issue of Investor's Business Daily(IBD). Those stocks listed on pages B-8 through B-11, with the (IBD) "SmartSelect" corporate ratings. The specific criteria I used and descending order was: (1) I personally consider the most important information in determining a potential stock to invest is ( sales + profit margin + r.o.e) and actual P.E.s, therefore I screened for stocks with ratings of "A" for the former and those carrying a P.E. no higher than 10. (2) Using the (IBD) criteria of Accumulation/Distribution ratings of "A" and "B" indicating heavy to moderate buying, I then eliminated any company with a rank below "B". (3) Considering (IBD's) rating of companies with EPS rates of 75 and a above being superior earnings, I raised the level to 80 and eliminated any company with a rating below 80. At this stage I was left with the following companies: MASK, ABFI, MSFF, CROS, DSWLF, GMRK, LVSB, LSBX, LBFC, NAII, NVLDF, PCAR, SALT, STLY, SUMX. (4) The final criteria I applied was (IBD's) stipulation that stocks falling below a Relative Price Strength(RS) of 70, shows a weaker or laggard performance for that stock. Using this final step, I was left with SALT and SUMX. In order to break the tie, I looked at any action that the respective companies had taken with their company stock. I could find no action taken by SALT, but in the case of SUMX, I found a recently implemented buy-back plan and insiders buying the stock. Therefore, the tie breaker goes to SUMX. I hope that you find this information as revealing as I did, since I own SUMX stock.