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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (55904)8/19/2015 3:20:31 PM
From: E_K_S  Read Replies (1) of 78717
 
Opko Health, Inc. (NYSE: OPK)
Bio-Reference Laboratories Inc. (NASDAQ: BRLI)


Not really a value Buy but more of a GARP play (more emphasis on growth). These two companies to vote on merger tomorrow. The conversion ratio is 2.75:1 BRLI:OPK. BRLI generates the revenues and OPK has a prostate cancer diagnosis test recently approved by FDA. Combined their diagnosis tests will be used in labs and hospital around the world.

They are also developing and selling a Web based portal service for Lab results that s/d help them expand their footprint to more HMO's and end users. BRLI selling at a 19 PE and OPK should be profitable once it's 4Kscore prostate test is available to the labs/hospital network.

Trying to build out my medial/pharma exposure and this was one area (test diagnosis sector) that you can buy that has earnings and growth for a reasonable price.

EKS
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