BMRA (Biomerica) Message Board

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Biotech / Medical : BMRA (Biomerica)

BMRA 2.500

-1.8%

9:30 AM EST

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To: Richard Chowning who wrote ()	5/1/1997 8:26:00 AM
From: Jonathan Rothschild	of 170

I was sad to hear that Mr. Irani, the Chairman, passed away on Monday. Apparently, the news leaked out early and may be the reason for the stock's weakness this week. His nephew Zack, has sounded very competent and forthcoming in my phone conversations with him. I send my condolences to the family. IMHO this stock is extremely undervalued. They have several new tests that have just been approved and I expect a doubling of earnings next year.Foreign sales are improving. Look for results of their rapid PSA test this summer. The market capfor this stock is less than 8MM. Check it out.

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