Saturday, May 21, 2011

Venture Capital Headed (Mid) West?

This blog mentions the likelihood that smaller, low cost markets might be getting more investment from Med-tech companies. Should we expect the next great medical technology stocks to come out of the Midwest? LECT, LecTec is a stock to watch as it bounces around $3. They are positioning themselves to be bought up by a larger company. It's a small operation with only 2 employees, but their model might be one we soon see coming out of places like Sioux Falls, SD. Sioux Falls is ready for venture capital investment.