Forum Archive Index - March 2000

[Nigel McCarter <n.mccarter@clear.net.nz>]

Is there any more growth.  Yes I think so.  
there are several reasons a) a second set of clinical trials are almost
finished, (b) approvals are being sought for marketing from the appropriate
authoroties, which means that production and cash flow should begin
sometime next year. (c) there are other products in the pipeline (d) the
market is very large.
the stock should move from being a development speculation with no real
income to a company with a real product certainly within the next two
years.  Whilst that time frame may seem long, its not, and I expect the
share price to increase steadily over that time.

With regard to information, the Bulletin from last year should still be in
the library, but have a look at the company web site 
http://www.mil.com.au/
the technical information is good quality, and the product and the
processes are real, unlike some biotech and elec tech firms. !!

Finally, whilst it would be very nice to have been in at 18cents, I don't
have the gift of prophesy either.
Nigel


At 06:30 PM 3/16/00 +1300, you wrote:
>Hi Nigel,
>`The Speculator' in The Bulletin picked MIV at A18c, in Aug99.
>At this stage I was just getting into the Aussie market, and was not
>confident enough to buy in the mid 20s. I have since watched this stock
>go higher and higher.
>Do you think there is anymore growth in price left?
>Glen.
>
>
>
Nigel McCarter
Safety Management and Information Services Ltd
Box 23 019 Hamilton
Phone 64 7 858 2429 Fax 64 858 2689
Mobile 02 212 4901

----------------------------------------------------------------------------
http://www.sharechat.co.nz/          New Zealand's home for market investors
To remove yourself from this list, please us the form at
http://www.sharechat.co.nz/forum.html.