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Biotech / Medical : ABAXIS - A SLEEPER?

ABAX 83.00

0.0%

Aug 1 5:00 PM EST

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From: David Bogdanoff	6/7/1996 10:18:00 PM
	of 19

Jim- I heard that they have issued the annual report. Haven't seen it, but understand that they are progessing closer to profitability with more income from sales of product. Also, they have sold about 350 veterinarian units. I made a call to the company to determine product pricing; found out that using their disc is more expensive that the cost of using the services of a outside lab, at least according to one lab. technician working in San Francisco. I want to talk to a sales manager to find out what their marketing strategy is. In general, it seems that the company is progressing deliberately toward profitability. Of course, the profits will come with repeat sales of discs. David

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