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Biotech / Medical : pharmaceutical labs (phlb)

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To: SusieQ who wrote (135)7/19/1999 1:08:00 PM
From: h8_2_b_l8  Read Replies (1) of 227
 
Posted from RB

They are currently valued at 2.2M dollars.

By the end of the year they will have 46 products distributed through 80% of all Pharmacies in Canada and through MAJOR stores in America: WALMART, Ekerd, Rite-Aid, etc.
They have an agreement to be the exclusive drink for a professional sports league.
They will have a fully functional EC site
They have high rising demand for their product that will significantly increase their already profitable business.
These are only the success stories that can be identified for the short term. Their will be plenty more in the future.
If you think a company that is trading at less that 1 times sales and has all this going for it, don't you think it's mildly undervalued?

For everyone who is long on PHLB I just spoke with George and his supplied the following information

He said they will not get the paper work done in time today to get the release out by COB. They will have it out tomorrow. He told me the release was about sports distribution (I don't know if that means distribution with a sports league or a distribution agreement for a sports drink?). He said demand is very high and earnings will be better than expected and released early next week.
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