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Biotech / Medical : Biosource International
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To: Joe Howard who wrote (126)5/31/1997 8:46:00 PM
From: Night Trader   of 696
 
"Just a thought on the financial side....if BIOI is comfortable with estimates of .54 and
they actually make that number, the stock today is trading at a forward PE of
13.89! ($7.50/.54)"
Actually Joe, with around $2 a share in cash, at $7.50 you are essentially buying BIOI for about ten times this years earnings. I
would suggest with a buy and hold strategy the stock will do very well
for you over the next few years.
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