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Biotech / Medical : Trickle Portfolio

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To: tuck who started this subject12/6/2000 10:57:56 AM
From: tuck  Read Replies (1) of 1784
 
Anybody know SYB? Stumbled across them by accident. Sufficiently tricklish to warrant consideration, as the dental biz is ~1/3 of revenue and the rest trickle.

biz.yahoo.com

Furthermore, they'll be spinning off the dental biz any day now:

siliconinvestor.com

FISCAL FISCAL DOLLAR PERCENT
NET SALES: (IN THOUSANDS) 1999 2000 CHANGE CHANGE
------------------------- ---- ---- ------ ------
LABORATORY BUSINESS:
Labware and Life Sciences $ 70,682 $ 86,810 $ 16,128 22.8%
Clinical and Industrial 45,370 50,270 4,900 10.8%
Diagnostics and Microbiology 42,918 50,636 7,718 18.0%
Laboratory Equipment 24,554 24,313 (241) (1.0)%
-------- -------- --------- -----
Subtotal Laboratory Business 183,524 212,029 28,505 15.5%
DENTAL BUSINESS:
Professional Dental 48,311 53,451 5,140 10.6%
Orthodontics 42,059 44,270 2,211 5.3%
Infection Control Products 6,157 7,265 1,108 18.0%
-------- -------- -------- -----
Subtotal Dental Business 96,527 104,986 8,459 8.8%
-------- -------- -------- -----
Total Net Sales $280,051 $317,015 $ 36,964 13.2%
======== ======== ======== =====

FISCAL FISCAL DOLLAR PERCENT
NET SALES: (IN THOUSANDS) 1999 2000 CHANGE CHANGE
------------------------- ---- ---- ------ ------
LABORATORY BUSINESS:
Labware and Life Sciences $ 70,682 $ 86,810 $ 16,128 22.8%
Clinical and Industrial 45,370 50,270 4,900 10.8%
Diagnostics and Microbiology 42,918 50,636 7,718 18.0%
Laboratory Equipment 24,554 24,313 (241) (1.0)%
-------- -------- --------- -----
Subtotal Laboratory Business 183,524 212,029 28,505 15.5%
DENTAL BUSINESS:
Professional Dental 48,311 53,451 5,140 10.6%
Orthodontics 42,059 44,270 2,211 5.3%
Infection Control Products 6,157 7,265 1,108 18.0%
-------- -------- -------- -----
Subtotal Dental Business 96,527 104,986 8,459 8.8%
-------- -------- -------- -----
Total Net Sales $280,051 $317,015 $ 36,964 13.2%
======== ======== ======== =====

Note that its sales of labware are flat. Maybe NBSC is in an industry wide problem. Could it be that most biotech/pharma companies already have their basic labware, and are mostly spending money on new technology?

Whatever, tossing it into the watch list untargeted.

Cheers, Tuck
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