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Biotech / Medical : Biosource International
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To: Joe Dancy who wrote (690)1/22/2000 3:14:00 PM
From: Timothy Grimes   of 696
 
Hi Joe, and congratulations...happy days for us hold outs ('bout time I must say). As to how far it will go, I just don't know. A rational look at all of the ratios suggests that even half the valuation of TECHNE would put us fairly in the $15-$20 per share range. I've seen momentum like this die in two days on some and blast up the charts for weeks on others. But who knows, obviously we purchased this stock at a tremendous discount because the market is SO irrational. I'm just hanging on for the ride. Volume activity will dictate a top.
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