neog - Neogen's E.Coli Test adopted by Japan Message Board

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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan

NEOG 6.230

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10:04 AM EST

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To: Rich H who wrote (381)	10/14/1999 7:40:00 PM
From: Steve Lokness	of 441

Interesting question. When SDIX was about 2.00 dollars a share, I made this same suggestion on the Yahoo thread. I felt at the time that it would have made an excellent fit for Neogen if the industrial testing was then resold. It is the industrial testing which has been a drain on the profits of SDIX. Since that time SDIX has been rocketing and I don't know how anyone could ever justify the market cap that shareholders would demand. The opportunity may have been missed if in fact it was ever a possibility. You previously asked why NEOG did not make more of a deal of comparing this taxed quarters to previously untaxed ones. I suspect the reason was that for some reason the tax rate decreased in the last quarter to a trifling 9%. Wonder were they found the deducts to bring it back down? The mystery of the numbers. Good Investing! kivtan

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