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Biotech / Medical : BMRA (Biomerica)
BMRA 2.460-3.3%3:59 PM EST
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To: Jeffrey L. Henken who wrote (29)3/21/1997 1:07:00 AM
From: Terry Norman   of 170
 
Jeff, there is a very good article on this stock as well as a list of the heavy hitters in this same field:
websmart.stocksmart.com:8810/ss-news/CX391988.html

While the current price would certainly look like a buying opportunity, the market itself is a bit shaky as of late. Personally, I'm holding my positions in the more speculative small caps, including BMRA, selling those that have not lived up to my expectations and am moving to safer ground with any new investments. As far as liquidity, I have never had a problem buying or selling BMRA in blocks of 1000 to 2000 shares, and the spread has always been close, unlike BLSC (finally sold it at a loss due to the inflated spread and would never touch it again).
Take a look at the article before you make any quick decisions. It very fairly gives the pros and cons of the industry and an assessment of the potential for future earnings. Good Luck.... Terry
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