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Re: Re: [sharechat] INVESTMENTS- ROUNDUP


From: "G Stolwyk" <stolwyk@wave.co.nz>
Date: Tue, 17 Dec 2002 13:01:38 +1300


Snoopy,
 
I don't intend to always bring up the earliest ones because these are constantly being discussed at the other Channel.
 
It is not a matter of leaving these out purposely. Also, I need to conserve time and unfortunately won't be able to discuss these further after this post. Suggest you go to to the other channel, get the updates and discuss these on Sharechat.
 
Your items have been numbered:
 
1, MMD: Placement of the "Artificial Heart" in situ.
Clinical human trials to proceed later in the year.
 
Reply: 87 cents. Full trials to start in about Jan/Febr. 

2. PTD: The USPTO has issued a "Notice of Allowance" or
"Allowable Patent". Subject to final approval, the Final
Patent  could be issued before August, this year.
 
Reply: All the required Patents have now come in; the last one to be announced any day now but has been confirmed.
$1.03; due to argument with J&J over Patents; to be sorted out and that could be April? Full details on the other Channel.
 
3. LACO: The result of the TOLL - LAC railway tender was
positive. Investors were well informed of the progress
and its chance of success.
 
Reply: Now PRKO and price is $4.55. Has been as high as $8.80

4. CLI: Many investors think that the value is there but the
market has so far disappointed! According to CLI's books,
it would have a prospective P/E of about 4.8!
 
Reply: now $1.73. Market has problems understanding this stock. Full resume on the other Channel.
 
Gerry 

 
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