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Revision History For: BRLI-- A substantially undervalued micro-cap

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Return to BRLI-- A substantially undervalued micro-cap
 
BRLI is the largest independent clinical lab in the New York area
and provides services in 17 states. The stock currently trades at
1 11/16 and sells for a p/e of just 9. Here is a copy of the last
earnings report from 9/15:

3 Mos. to July 31:
1997
1996
Revenues
9,814
8,928
Net bef. tax
413
280
Income tax
46
---
Net income
367
280
*Sh. earns.
$0.05
$0.05

9 Mos.:


Revenues
29,064
25,912
Net bef. tax
943
376
Income tax
53
49
Net income
890
327
*Sh. earns.
$0.14
$0.06

BRLI is expected to release their next earnings report in the next
two weeks. I would expect that the company could easily trade for
5-6 dollars based on valuation alone. The company is not very well
followed but is rapidly growing in an important biotechnology area.