Medical Action Industries (NASDAQ:MDCI)

CAPS Rating: 5 out of 5

The Company develops, manufactures, markets and supplies a variety of disposable medical products. It's products are marketed to acute care facilities in domestic and international markets, dental and veterinary offices, out-patient surgery centers.

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Player Avatar jingoism (31.70) Submitted: 10/2/2008 11:37:23 AM : Underperform Start Price: $12.22 MDCI Score: +81.86

Look at the most recent annual reports, you'll see that $80,699,000 of their "assets" is "Goodwill," which was doubled a couple years back to make up for some loans they had to take out. I doubt there's much "Goodwill" in the market for cups, bedpans, etc. This is a small player in a sea full of big players.

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