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Biotech / Medical : Lab Corp. Amer. (LH) nyse, at $ 2 1/2, exhaustion low ?
LH 253.89-0.2%Dec 26 9:30 AM EST

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To: rakitup who wrote (53)3/7/2000 4:26:00 PM
From: hoyasaxa  Read Replies (1) of 62
 
The 1:10 reverse split noted in the fiscal year end earnings release. If and when the company takes out the preferred and thereby the overhang on the common, I think the stock should do quite well -- note their geno/phenotyping leadership; the recent partnership with Gilead Sciences (via Virco) may be the first of many. I don't hold a position -- but covered the company as a research analyst until 6 months ago (for about three quarters) and dig management. We shall see.....
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