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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (20958)	9/18/2000 8:30:50 PM
From: RCJIII	Read Replies (2) of 29382

Amigos, check out BIPL. Profitable tiny genomics play with cash on the books, no debt and a clean balance sheet. .07 in earnings in the last two quarters. (.02 and .05) Sales rose 20% last quarter to $2,834,000. Income rose 204% to $389,000. 8.3 million shares outstanding. 5.90 in the float. They make diagnostic products to assess and diagnose various ailments and conditions. They just closed a merger with Xtrana, a private company with technology used by genomics companies. Their technology allows for extremely fast and reliable testing of RNA and DNA. They just launched a new DNA test that they are very excited about. They also should soon unveil a new very fast testing device for HIV. Many other tests are in the works. This is an interesting little company with great prospects. In genomics research, speed is everything and this company can help speed along several important tests. The chart looks very compelling as well. In a very strong uptrend. Moved up nicely today in a very bad market. I have been buying shares recently. I think it looks great. RCJIII

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