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Biotech / Medical : Isolyser (OREX)- Any comments
OREX 0.223-34.4%Apr 3 5:00 PM EST

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To: Liatris Spicata who wrote (376)4/16/1997 1:08:00 PM
From: Fenton White   of 617
 
Larry, nice to hear from you. We are buyers under 5.50. We liquidated 500m shares during the slide and will buy back near term. We feel that Taylor was told to sell or leave... One wonders if this quarter has any more surprises? In any event we feel that the core is worth 5.5 today and a sale today would bring 11.00. The problem is that major holders are locked in at 16.00+ ie the cahnge in new management. The price today is a strong buy to us.

You might look at AUTO, could be interesting.
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