neog - Neogen's E.Coli Test adopted by Japan Message Board

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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan

NEOG 6.865

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3:59 PM EST

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To: IN_GOD_I_TRUST who wrote (10)	8/27/1997 2:35:00 PM
From: Rich Genik	of 441

Steve, I don't think we have a huge amount more of upside potential in the short run, say for the rest of the year. IMHO, fair value for NEOG is around 12-13 (from a P/E of 30 = rev. growth rate and 0.40 earnings). I continue to hold because NEOG is a great long term play. If we get up around 15-16 this year, though, I might lighten up a bit and get back in on dips to 11-12. Still, 20% for 6 months work is a great return. cheers, Rich

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