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Biotech / Medical : HEMAGEN DIAGNOSTICS (HMGN)
HMGN 0.0150+14,901.5%Aug 12 10:48 AM EST

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To: GARY P GROBBEL who wrote (74)6/29/1999 10:29:00 AM
From: Yo Yo  Read Replies (2) of 98
 
I also follow ABAX, they are #2, I think, in the vet market. I forget the name of the big guys (can someone post it).

I beleive the HMGN unit competes pretty well in human market, but that market is tougher to operate in (more regulation).

From what I understand the HMGN unit has not changed much in years and needs a major overhaul to implement new technologies. However, the HMGN disks are far more profitably produced than those at ABAX.

So HMGN has some decisions to make..... Milk the existing unit and let profits look good. Or get the thing up to date and let profits look week for a little while.

Either way, the vet market is getting crowded.

Yo Yo
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