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 |