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Biotech / Medical : NEOG - Neogen, Anybody have any info on this one??
NEOG 10.87+2.6%3:00 PM EST
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To: Brian Johnson who wrote (53)1/15/1997 9:52:00 AM
From: Rich Genik   of 139
 
I agree on the long term hold; however, looking at their potential markets for current products, I don't see much growth for NEOG after they reach around $150M in revenues, about 10 times their current size. We'll see what comes up by then, but I think this issue will peter out around $50-80 in 3-5 years if food safety kits is all they are going to make for markets greater that $20M/year.

Rich
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