NEOG - Neogen, Anybody have any info on this one?? Message Board

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Biotech / Medical : NEOG - Neogen, Anybody have any info on this one??

NEOG 10.54

+2.5%

Feb 4 3:59 PM EST

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To: Rich Genik who wrote (58)	1/23/1997 8:31:00 AM
From: Brian Johnson	of 139

Rich, 'Just received the 2Qtr report via snail mail. 2nd qtr earnings a new record, up 225% (.08 EPS vs. .03)! 6 months up 216%. 2Qtr revenues up 27%. $10M raised via 10/22/96 2ndary offering of 1.5M sh @ $7.50. Nice to see that 4 of 8 market makers recently issued buy recommendations as well! Current assets {of $17M}:current liabilities are sweetly 17:1 ratio (and long term liabilities a measly $348K). Late October note of new agreement w/Orion Diagnostica of Finland to distribute Neogen's test as well. This may be rehash for you, but it tastes good. Best, Brian

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