Hello all,
SCHR may be a good stock riding on PFE's coat-tails. Check it out.
Monday May 4, 2:19 am Eastern Time
PRESS DIGEST - Wall Street Journal - May 4
NEW YORK, May 4 (Reuters) - The following stories were reported in Monday's electronic version of The Wall Street Journal:
...
* Pfizer Inc. (PFE - news) has signed a deal with Scherer Healthcare Inc. (SCHR - news) to develop a faster-acting version of its impotence drug Viagra.
___________________________________________________
SCHR manufactures, distributes, and sells healthcare and safety room products and services, through: Bio Systems Partners and Medical Waste Systems (waste management); and Scherer Labs (healthcare products). For the nine months ended 12/97, sales rose 5% to $10.3 million. Net income from continuing operations totalled $1.1 million, up from $478 thousand. Results reflect the securing of new hospital contracts for Bio Systems, administrative cost controls and capitalized acquisition costs.
The Company's cash and cash equivalents totaled $5,475,000 at December 31, 1997, an increase of $2,238,000 from March 31, 1997. Working capital increased to $6,727,000 at December 31, 1997, compared to $3,376,000 at March 31, 1997. Long-term debt decreased to $530,000 at December 31, 1997 from $2,046,000 at March 31, 1997.
_____________________
And Yahoo has the Book Value at $5.
Also got into TCLN this morning. Could have a little more to go. Take care.
Semper Fortuna
Oscuro |
