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madtig6

01/10/10 3:02 PM

#8297 RE: HMCSRET #8296

IMO, if you "project"(read "predict").....


2.00, 5.00, 10.00 or whatever, those "projections" are about as useful as teats on a bull.

Anybody who has been in the markets for any length of time ( I started trading in the mid 70s) knows that predictions are useless and the market will do the exact opposite of what you think it "should" ( another useless word) do, at least 50% of the time. And without any statistics to back my statement up -- I would bet it is higher than 50%.

See what happens when it happens and have a trading plan for any contingency - up, down or sideways.

If you don't have a plan, you will probably get killed in this stock or any other.
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dan1drew2

01/10/10 3:45 PM

#8298 RE: HMCSRET #8296

Hmcsret - I would love to estimate the PPS but like I told my close friend who introduced I3 to me is, I don't think I will have to decide on when to sell because a larger company will make the offer that Dean will probably ask us to accept. As an accountant I love to crunch numbers but with the Dvis it's unrealistic to hang on anyone's prediction. Like Tiger said it's the plan you can handle and the level you believe in. I personally believe that getting FDA approval is just as good as being made an offer by the likes of GE. My reasoning is that I kind of want Dean to produce this himself only because the potential is massive. It's got so much going for it. Examples ( Hospitals, Radiology offices, Every ball club's clubhouse (huge), cruise ships - mo , amusement parks (many), homeland security, ect... Seriously the device is Cost effective, mobile, 3d, and the worldwide demand is about 12,000 units annually. They need to be replaced every 5 to 10 years. If you consider the 20+ billion that is spent annually all we need is 15% of it to generate 3 billion so at $10.00 a share I would say it's cheap. It might not happen the day we get approval but it won't take long to be rewarded. See ya in the Winner Circle.