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

To: Dan O. who wrote (2616)	5/12/1999 9:48:00 AM
From: Dennis C	Read Replies (2) \| Respond to of 3414

PLMD should be alot more attractive to the investors. From today's earning release we see: 1) Exceed $100 m is a milestone. "FY1999 Revenues Up 42% to $105 Million." 2) Now we have positive cash flow. "The Company generated positive operating cash flow of $539,000 in fiscal 1999, a sharp turnaround from a $9.9 million operating cash outflow in fiscal 1998. Revenue and net income growth, accompanied by positive cash flow, exceeded management's publicly stated targets." 3) Number of customer is growing. "The Company shipped to a record number of customers in the fiscal fourth quarter, continuing its pattern of nine consecutive quarters of profitable growth." 4) Potential E-commerce. ''The Company is enhancing its Web site, developing an interactive disease management system, and increasing its visibility on search engines as part of an effort to explore the potentials of E-commerce. 5) Purchased not leased new facility in FL. In addition, to support the accelerating growth of our direct-to-consumer business, the Company has purchased a 66,000 square foot facility in St. Lucie county, FL. This facility will be state-of-the-art both in terms of design and technology to further serve the needs of our diabetic customers.''