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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Jack Hartmann who wrote (51659)12/27/1999 11:10:00 PM
From: EtTuBrute   of 108040
 
BIME: Looks like an earnings play. Looks like the company is going to record a good profit, not bad for a $1 biotech NASDAQ company with only 2 million shares out. Already have through 3 quarters .15/sh profit:

LOS ANGELES (CBS.MW) -- Biomune Systems soared 61 percent Monday ahead of the company's fourth-quarter earnings report.


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Updated:
12/27/99 5:22:50 PM ET



Could it be the fundamentals and earnings? According to Market Guide, the company (BIME: news, msgs) recorded a loss of $34.49 a share for 1996, a loss of $52.34 a share in 1997 and a loss of $6.88 a share in 1998. However, the biopharmaceutical products company is on its way to reporting a positive number for 1999. The company posted a first-quarter profit of 5 cents, a second-quarter profit of 6 cents a share and a third-quarter profit of 4 cents a share.

The company is slated to report fourth-quarter earnings Dec. 29 Shares were last trading up 17/32 to close at 1 13/32.
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