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Biotech / Medical : MAXXON, INC (MXON.Nasdaq BB) Disposable syringe technology -- Ignore unavailable to you. Want to Upgrade?


To: campe who wrote (79)5/21/1999 2:36:00 AM
From: Stephen D. Wilson  Read Replies (1) | Respond to of 105
 
IMO any one that is looking to buy or is holding this stock should flee if you think that they have a unique product. I am a paramedic in California and the law changes on July 1st to require us to go to a needle which will reduce the chance of needle sticks. Our Medical Services committee just selected a system that is being marketed by Baxter ( not sure if they actually manufacture it). It has a retractable needle system and is available for 3cc and larger syringes. The 1 cc syringe seems to be the big problem with manufacturers since it is such a narrow needle to begin with.

Anyway there are several very good models and styles of retractable needle systems already out there and unless Maxxon has something really special or has a process that will reduce manufacturing costs significantly then I would say that IMO some larger more efficient companies already have the edge on the market.

I do not nor have I ever owned this stock. Would just hate to see anyone lose money thinking that they were investing in a company that had a unique product.

Steve