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Biotech / Medical : International Isotopes (INIS)
INIS 0.0620-6.1%3:17 PM EST

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To: mantle7 who wrote (28)3/24/1998 10:42:00 AM
From: Richard Belanger  Read Replies (1) of 81
 
I own both NASI and INIS, but for different reasons. NASI is a niche player that will do well in the seed business. INIS, on the other hand, is developing an infrastructure that will allow it to produce many isotopes for many applications, cheaper than the next guy. Remember, the driving force behind the company's formation was production of Mo-99/Tc-99m, which is used more frequently than all other medical isotopes combined. All Mo-99/Tc-99m used in the U.S. is currently imported. The seed business is just one more extension of their production capability.

That said, I did lighten up on INIS at 32.25; I simply believe the stock had gotten a little bit ahead of itself. I am looking to buy those shares back in mid-low twenties. If I don't get that chance, I'll pay more.

Rich
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