Micrus Endovascular Corp (NASDAQ:MEND)
The Company develops, manufactures and markets both implantable and disposable medical devices used in the treatment of cerebral vascular diseases.
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Recs
MEND's prospects are founded on innovative science and good management.
Recs
MEND, AN EXCELLENT SYMBOL CHOICE FOR A COMPANY THAT DEVELOPS. MANUFACTURES AND MARKETS IMPLANTABLE AND DISPOSABLE DEVICES THAT TREAT CEREBAL VASCULAR DISEASES, THE ENTERPRISE EXTENDS ACROSS THE AMERICAN, EUROPE, AND ASIA. SECOND QTR NI OF $3.6 MIL COMPARED TO A $2.7 MIL LOSS 08, EPS .22, EST 0F .06. GROWTH WAS FUELED BY NEW PRODUCTS AND SELLING NEW ACCOUNTS. TOTAL CASH INCREASED TO$24.3 MIL.
Recs
This stock got hammered in mid September when they revised their revenue outlook. They were only reporting earnings delays however, and the overall earnings outlook is rosy.
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rapidly increasing sales. stock down on delay in approval for Chinese market. strong candidate for buyout or independent success. no debt.
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Very limited market. No earnings. Am I missing something here?
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Cost containment pressures and reimbursement issues will keep profits down with limited upside growth; niched market
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point and figure double breakout. stock should go up from here.
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Cawabonga!!!!
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