Athena Medical Corp. earns strong buy recommendation.PORTLAND, Ore.--(BUSINESS WIRE)--March 14, 1995--The Daily Prophet prophet [Gr.,=foreteller], a religious leader and spokesperson, particularly used in the Bible. The prophets emitted messages from the divine through inspired speech, the interpretation of omens and dreams, and the casting of lots and divination. Financial Newsletter Tuesday issued a ``strong buy'' recommendation for Athena Medical Corp. (Bulletin Board:AFEM AFEM Armed Forces Expeditionary Medal AFEM Air Force Emergency Management (US Air Force) ). The recommendation is based on three primary factors: 1) the introduction of the Fresh `n Fit Padette, 2) the company's bold expansion into international markets, and 3) anticipated approval for a national listing of the company's stock. The Daily Prophet recommendation cites a formal listing as greatly increasing the number of investors and institutions interested in investing in Athena Medical, which should result in a significant short-term jump in its share price. Describing Athena as a ``company with a very bright future'' and a buy with a 12-month target of $11 a share, this recommendation is a strong indication of confidence among industry analysts in Athena Medical's investment potential. Athena Medical's strategic plan focuses on becoming an industry leader with innovative female hygiene and health care products. As the first new feminine protection product in more than 50 years, sales of the Fresh`n Fit Padette will benefit from international joint venture agreements to distribute Athena Medical's products. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. J. Scott Sitra, editor of The Daily Prophet Financial Newsletter, the recent selloff sell·off n. The sale or disposal of a relatively large number of stocks, bonds, or commodities that often causes a sharp decline in prices. Noun 1. in Athena Medical's shares puts the company in an oversold Oversold In technical analysis, it is a market in which the volume of selling that has occurred is greater than the fundamentals justify. Notes: It is the opposite of overbought. condition and at a good entry point. By tracking fundamental developments and technical indicators technical indicator A variable used when technically analyzing the market to determine when to invest and which stocks to select. Technical indicators include chart formations, volume, and odd-lot sales. in an 80 percent to 20 percent degree of emphasis, respectively, The Daily Prophet Financial Newsletter has enjoyed consistent long-term success with its buy recommendations. Companies recommended in 1994 enjoy an average gain slightly in excess of 50 percent to date. Athena Medical headquarters and manufacturing facilities are at 10170 S.W. Nimbus Ave., Suite H1, Portland, Ore. 97223, 503/968-8800; fax 503/639-3674; and the Florida office is at 4 Sawgrass Sawgrass can be:
NOTE TO EDITORS: The Daily Prophet's phone number is 512/453-3817. CONTACT: Athena Medical Corp. Lana M. Obrist, 503/968-8800 or Tellum Inc. Susan M. Tellum, 213/935-1725 |
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