getsmart

Total Rating:
0 / 0

1 Comment

    • Wed Feb 6th 17:40 PM | Rating: 0 0
      Commented on:
      5 Emerging Healthcare Stock Picks for 2008
      Regarding ROCM, I was disappointed to hear that the lawsuit with Tyco had been delayed. The company has great products and state laws requiring disclosure of infection rates, and Medicare rule changes in Oct 08 that will disallow reimbursement for infections caused by catheters, will only increase demand. They continue to expand their sales force and the lawsuit settlements they have already won have opened up new channels to sell their products. With such a small market cap, $37M in cash, and a potential multi-million settlement from Tyco in the months ahead, I have to believe they will be acquired by Bard, Tyco or someone else. Too many good fundamentals from my perspective to hold this stock down for too long.
      View article »
Contribute an Article Become a Seeking Alpha Contributor