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Biotech / Medical : NEOG - Neogen, Anybody have any info on this one??
NEOG 6.860-2.6%Dec 12 9:30 AM EST
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To: Rich Genik who wrote (78)4/1/1997 1:15:00 PM
From: Gary S. LeBlanc   of 139
 
Rich,
You and I must be the only ones that own this stock. That means you must have a shitload. I would like to see the whole Income Statement.
I expect that much of the net income came from interest income on that hoard of cash that they are holding, because revenues did not expand that greatly. As regs get completely phased in, NEOG's income from operations will increase accordingly. I think this is what the institutions are waiting to see and not just EPS.

Gary
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