Replies to post #138 on KORU Medical Systems Inc (KRMD)

[blue_skies]

Nice to hear from you and glad you see things differently.

I did not find the SA article had much new. The conclusion says the stock is fairly priced. Same old same old as Craig-Hallum. I do not feel the need to listen to the quarterly company presentations because I do not expect to hear anything new or exciting. I expect the management to execute because they are good.

What I find most tantalizing is the possibility of new products. The company has a clean balance sheet with cash and equivalents of $5.1 million. If the management finds an attractive technology that fits then the possibility of acquiring it is there. Internally speaking, since Sealfon left, at the end of 1918 Q2, KRMD has been spending approximately $170k/quarter on R&D. Its time for the cake to come out of the oven.

[mrholty]

i'm in the show me mode. Frankly this thing is at 10x revenue for a business that is growing its topline at 7-10% annually. I was a skeptic back when it was under $2 and only had a starter position. I exited my position when it hit $4.5 and clearly I left a lot on the table.

I couldn't figure out where the ramp was originally coming from last summer and I finally did. What happens when the growth is flat and the story isn't as pretty - is there a run for the exits and $3.00?

I'll be waiting and I expect this company to be aquired in 12-18 months but not at 10x revenue.