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Microcap & Penny Stocks : BIOPOOL(BIPL)

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To: Nikole Wollerstein who wrote (359)3/20/1998 8:29:00 AM
From: Kevin C.  Read Replies (1) of 507
 
Nikita, you picked out the salient phrase from the earnings press release: ''The fourth quarter, however, demonstrated a weakening of sales in nearly all areas of our business."
Otherise the news was what I expected, since the restructuring costs were known. There was even mention of the future positive cost savings of the restructuring. Also, this stock was near this level before the acquisition and subsequent earnings addition of BCA (?).
The question is the implications of the fourth quarter lower earnings--is this a trend based on some real problems, or is it temporary? I don't know. Anybody have any thoughts? I am basically optimistic for the future.
PS-- Biopool should really get a web page.
Kevin.
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