Home > Boards > US OTC > Delisted > Trimedyne Inc. (fka TMED)

Yeah, this next quarter's earnings might create one

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
zenvesting Member Profile
 
Followed By 97
Posts 2,757
Boards Moderated 4
Alias Born 02/10/04
160x600 placeholder
zenvesting   Saturday, 08/11/07 05:50:38 PM
Re: Obi_Trend_Kenobi post# 1
Post # of 43 
Yeah, this next quarter's earnings might create one last little dip in the chart. I'm not expecting much for the quarter because the company is still investing in developing the DuraMax fiber.

But at $0.66 with book value of $0.44, a P/S under 2, and $0.21/share cash....I wouldn't think there's much further to drop.

Ultimately, I think these prices will prove to be a great entry opportunity......if/when TMED announce they've successfully completed this new fiber for BPH procedures, and/or when Lumenis and Boston Scientific announces they're begining to market it......I imagine TMED could turn right back around and head back towards it's highs.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist