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Biotech / Medical : Biomatrix (BXM) Looking Great
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To: pkwknk who wrote (203)11/17/1997 5:47:00 AM
From: James Baker   of 569
 
<<<pkwknk: .PS dont look for a biotech co to buy back many ( if any) shares--if
anything, once this story starts rolling, a secondary to increase float
could happen IMHO...>>>

I agree with this - and I would much rather have management minding the store - put those dollors to work in getting the next product ready for approval and new R&D. Growth is what this field is all about. The stock will be priced where it deserves to be based on earnings.
Jim
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