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My Medical CD Rated 'Speculative/3' By Investrend Research Analyst Oren Meytes, Citing 'Hot Market Niche'.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- (Investrend Research Syndicate) My Medical CD (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
: MYMC) has been rated "Speculative / 3" by Investrend Research analyst Oren Meytes, in an initiating Benchmark research report, saying the company "operates in a hot field - electronic medical records."

The analyst stated:

This field has been getting a lot of attention by legislators, health officials, insurance companies, HMO's and of course the medical software companies who are trying to rise up to the challenge. As of yet there is no nation-wide system for computerized patient records. My medical CD is a small start-up company start-up company

A new business.
, which is trying to carve a niche for itself in this burgeoning industry.

Health care is rarely delivered at a single geographic site. Patients go to one office to see their gynecologists, to another for dental work. Increasingly many routine lab tests and radiological procedures are now performed and interpreted by outside clinics rather than by labs located within the hospital walls.

The electronic medical record offers the possibility of a centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 database that can hold the patient's entire medical history, from childhood pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children.

pe·di·at·ric
adj.
Of or relating to pediatrics.
 visits to geriatric records.

My Medical CD Ltd. produces and markets an interactive mini CD A CD disc 80mm in diameter. It holds 20 minutes of music (audio) compared to the 74 minutes of the standard 120mm CD and fits into the deeper well in the center of the tray of most CD players. See mini CD-ROM and business card CD.  that contains a personal medical history encoded on the CD. The size enables it to be carried in the wallet, pocket or purse. Benefits of the CD include: (i) It can be read in seconds by emergency personnel, (ii) It eliminates guesswork in treatment, and (iii) It reduces the possibility of long-term complications from emergency treatment.

Government and legislators are very supportive of the computerization com·put·er·ize  
tr.v. com·put·er·ized, com·put·er·iz·ing, com·put·er·iz·es
1. To furnish with a computer or computer system.

2. To enter, process, or store (information) in a computer or system of computers.
 of medical records and of the idea that people should have greater control over their medical records and carry pertinent information on their person.

My Medical CD's approach is to sell to the patient - either directly or via an organization in which he is a member.

The full report, including important disclosures and disclaimers, is at http://www.investrendresearch.com and at the company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.

The analyst's credentials are at http://www.investrend.com/articles/secondlevel.asp?level=238

My Medical CD is enrolled in Investrend Research's pioneering professional research program, which facilitates independent analysts to provide financial coverage for shareholders in companies that otherwise, would have little or no analyst following. Enrollment fees for Benchmark basic coverage are $21,800 and the fees were paid by the company. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary Monetary; relating to money; financial; consisting of money or that which can be valued in money.


pecuniary adj. relating to money, as in "pecuniary loss.
 interest, and neither the analyst nor principals of Investrend Research may own or trade in the stocks of companies under coverage.

Anyone interested in receiving alerts regarding My Medical CD research should email contact@investrend.com with "MYCD MYCD Myocardin " in the subject line.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 15, 2005
Words:471
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