Anybody follow this one ?

Great news in the trading update today - the RNS has emphatically quashed any bearish thoughts on MDW:

"Mediwatch (AIM:MDW), the innovative UK manufacturer of high tech screening and
diagnostic systems for urological disorders, today announces a business update.

The Company announces that Phase I clinical evaluation of the qualitative
point-of-care diagnostic system (PSA) has commenced. Mediwatch Biomedical
remains on course to apply for regulatory approvals for this point-of-care
system in Europe and the US next year.

Progress has been made in the UK where sales have increased significantly during
the second half of the year ending 30th April 2004. In addition, CMDCAS approval
for Canada has now been granted for a portable scanner.

Professor Peter Wells, a world leading expert in Ultrasound has agreed to join
the Company as a consultant and will provide further expertise in support of new
and exciting future products.

As announced in the interim results to 31st October 2003 released on 28th
January 2004, negotiations with a large US distributor for a range of Mediwatch
products are continuing, albeit somewhat delayed due to unforeseen legal issues.
Resolution of these issues is currently being addressed and we will provide an
update to shareholders in due course."

If UK sales alone "have increased significantly" what sort of volumes are going to be sold by this company globally when they really get going.

A good price to buy, now we have confirmation from the horse's mouth that MDW is more than on the right track.

As has been mentioned some time ago, plenty of newsflow regarding new distribution deals to come and lots of exciting products in the pipeline.

I'm surprised there's so little interest here for a company which has just risen 32.6% today.

me too,any reason?

I reckon a lot of folks looked at the potential earlier in the year, bought in at a high (12-14p) and reluctantly sold at a loss after the widely reported "imminent" distribution deal took a few months longer than expected and the share price dwindled helped along by general market conditions.

This RNS is just the start - lots more news to come, we just need to be patient.

Looks like folks are just starting to buy in again. Just as I was hoping to pick up a cartload at 5p!!!!!

There appears to be renewed action in MDW (albeit slight) recently folks - keep an eye out for news as this is will soar when news confirming the US distribution deal comes out.

I am holding for the long term. I managed to purchase 30,000 this am (further increasing my holding whilst this shares are in recline) - I believe these shares are extremely cheap bearing in mind the fundamentals and the extensive medical products they have. The potential is vast bearing in mind the amount of health service organisations and individuals who would use these equipment. For those who hold and have note checked out there web site - they should. The site is very enlightning. Do notworry about the recent downfall and fluctuation in prices - sentiment is also following the market and unfortunately Mediwatch has been included in this - unjustified!Do not expect to make a quick buck - but for those who hold patience will be rewarded. As usual do your own research and find the time to speak to the Director of Mediwatch - which I did. This discussion alone gave me further confidence in their products. Regards

stocktock - I'm in for the long term and totally agree with all points apart from "Do not expect to make a quick buck" - MDW is on a lot of watch lists waiting for the deal to be confirmed, as soon as that happens the price will be way above 10p in an instant.

Slightly longer term we could well be looking at a small company making it to the big time. 1-2 years with the right deals and products (all in the pipeline - not pie in the sky), we're likely to be looking at a price range of 50p-70p.

agree with all the above,but lets hope it can get above 8p or will end up back in a bull trap.

Yes like this one , looking for 20 -30p by the end of the year. Big deals on the way I hear.

Big deals, solid current line of products and a strong pipeline of even more lucrative products coming up soon (some branching out into other areas of business).

This is going to go very wild soon.

Rummer on advfn there will be news realised on friday

Lets keep the rumours going = up 10% and rising as I type.

Heading up again lot of buying

There are not many shares available in MDW to snap up, so large volume buying will shift the price up very quickly indeed.

As soon as the newsflow starts, this one will run and run.

With a massive health awareness drive in the US highlighting the problem of prostate cancer, the announcement of the large US distribution deal will cause MDW to fly.

http://www.mediwatch.co.uk/mediwatch/index.html

A day or two of consolidation like today is very healthy for the rises to come -annoying if you've just bought in, however temporary drops will be nothing when you consider the returns to be made in the second half of this year.

For anyone buying 8.8p looks like the next "bounce point" if there is further consolidation. If we go up tomorrow instead, then get in as soon as you can, because if news really is round the corner we can expect some large hikes in price.

Something must have triggered the rumour mongers to cause the increase in volume we've seen over the past few of days - let's see what happens on Friday.

Only me interested in MDW by the looks of it - ah well, you've only got yourselves to blame when you're tempted to buy in at much higher prices.

I have a feeling this BB will become a little bit more active if the much rumoured announcement is made today.

No news as yet suggests that if there is any news today it will be made around 1:30pm just before Wall Street opens, because it relates to the US deal and MDW wouldn't want their US investors to miss out on a chance to invest at a low price - we'll just have to wait and see...

I have been in on this for a while Overgrowth, on a loss just now, but I am resisting averaging down, I would be too exposed. I am happy to wait an dreap the rewards when (not if) mdw take soff. Good luck to all....

wheres the so called news that was supposed to be appearing today