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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who wrote (208)8/10/2000 3:10:22 PM
From: ahhaha  Read Replies (1) of 2243
 
MDCC is a viable 30% grower with a visible earnings stream. The recent acquisition of LJL strengthens their technological position. Whereas fluorescence based assay technologies may not be as cutting edge as LMNX's laser beads, it's solid and cost effective once the initial cost is swallowed. The LJL division is approaching the inflect of a renewable cycle and will start to reflect new buying decisions next year. How MDCC will handle this remains to be seen.

Nonetheless, if one wants to be invested in some part of drug discovery and they don't want the risk of the "10 baggers", MDCC would be a good choice. It's the kind of deal that you find sneaks up on you. The stock like most is selling off and will be putting in a good bottom in coming months. When it does so and proves the bottom by building a base, one should look for a break out from that base for a good entry into a long term performer.
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