Robert McWhirterMedcomsoft IncMSF.TOBUYFeb 11, 2005
Have software that allows doctors to become more efficient in their practice. Just did a $5 million financing. In a "Go Up o Blow Up" area which is an extremely high risk. Grossly illiquid.
(A Top Pick Oct 3/05. Up 10.8%.) The seasonality for the high-tech sector is from the end of September to the end of January. (This would have been sold in January, and not kept.)
This company is involved with some interesting technology. It is a speculative venture. They are long on promise and short on delivery. He has a very small position.
When all the tech stocks took off in the last year and a half, it was left behind. Feels the $50 million cash it holds is an anchor around its neck. Would like to see them increase the dividend or announce a special one.