SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Trinity Biotech (TRIBY) -- Ignore unavailable to you. Want to Upgrade?


To: Ron Luhmann who wrote (11083)11/29/1998 9:54:00 AM
From: Ace  Respond to of 14328
 
Industry Outlook

The Medical Products & Supplies Index increased in tandem with the general market rally in recent weeks,
boosted by healthy third quarter earnings showings and investor movement to recession resistant medical
stocks. Despite the effects of negative foreign exchange, the overall group should continue to post strong
double-digit earnings growth over the next few quarters. Key positives include expanding global health care
markets, new products and cost-streamlining measures. Takeover interest in the group is another plus as
evidenced by several recent acquisitions made in this sector. Our investment outlook remains positive. We
recommend investments in companies with dominant positions in growing markets, which also have proven
track records in developing and marketing innovative, cost-effective products.

While these companies should enjoy healthy
earnings growth, the gains are expected to be
tempered by the growth of managed care.
With its emphasis on cost efficiency,
managed care has prompted more
conscientious buying patterns by hospitals
and other purchasers, especially for "big
ticket" items. Producers have also been
impacted by tighter hospital budgets and
consolidation in the hospital industry.
Largely in response to a more competitive
marketplace, merger activity has increased as
producers seek business combinations to
compete more effectively and reduce costs.

After many years of lobbying by drug and
medical devices companies, legislation
designed to speed up and streamline the
FDA approval process for new drugs and
devices was signed into law by President Clinton in 1997. One important part of the legislation deals with
having independent outside experts review safety and efficacy data on new device applications. However,
the purview of the outside reviewers would be limited to lower-risk products, with the FDA itself still
responsible for higher-risk devices.

Other positive longer-term fundamentals include the nation's insistence on quality health care; the swelling
ranks of the elderly (principal consumers of medical products); and rising R&D outlays, which should spawn
a steady flow of new diagnostic and therapeutic products in the future. Niche-oriented companies focusing
on successful specialty products, particularly in the high-technology segment, should outperform the industry
average.



To: Ron Luhmann who wrote (11083)11/29/1998 9:55:00 AM
From: Scott H. Davis  Respond to of 14328
 
NAZ minimum price has been moved up to $4.00 & a number of other requirements were upgraded/added last year. Your right about market cap threasholds, some have higher, but lots also have share price requirements too. E.G. Pru and others thing they need to disclaim if you go to purchase a low priced stock even if you mentioned it. They will not recommend anything under $5.00 and rarely do under $10. FYI Scott



To: Ron Luhmann who wrote (11083)11/29/1998 12:12:00 PM
From: Keiko  Read Replies (1) | Respond to of 14328
 
*** The Kaufmann Fund ***

Currently holds over 400,000 shares of " Q " .......mostly purchased in the $ 3.00 range.....

&&&...just me