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Biotech / Medical : Lifecore Biomedical (LCBM)

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To: Mr. Happy who wrote (25)10/23/1999 8:05:00 AM
From: Mike   of 43
 
Earnings were released and wondering if anyone was able to get detailed info? The earnings met expectations and wondering if in the numbers things are positive or negative.

First the HA business was up over 120% vs same qtr ly. It was noted that the increase was due to opthalmic and venterinary sales. What was the contribution of Intergel sales in Europe? Are sales still very slow to increase? Was this growth mainly due to a big order from Alcon?

Next the Oral division had a sales increase of only 2%. Can anyone explain this low growth quarter for this division? In the past we have seen consistent 15-25% growth from the Oral side.

Now I know this past qtr is the slowest for LCBM but just looking for clarification. Thanks in advance.

MHat
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