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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC)
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To: scaram(o)uche who wrote (264)10/11/2001 6:27:28 PM
From: Crossy  Read Replies (2) of 724
 
Good evening Rick,

I bought a position yesterday in NBSC. I really do like this company, at least from financial ratios point of view, turnaround completed, profitability reached, sales increasing when other techstocks are showing roller coaster demand patterns.

What I also like here (reduces headache) is the fact that the FDA is not damocles's sword to make or brake this company on its own, so it seems to accomodate my investment style of holding this a little longer. As with Oxford Instruments, it would be another capital equipment supplier to biotechs & scientific labs. Price/sales of 0.50 is cheapo. You cant get it any better.

Enough said, apart from this I only do know that NBSC makes ultra low temperature freezers (should fit with superconductivity also, won't it ?). Beyond this I'm still pretty uninformed but this will change as I'm going to read all this thread's posts so far.

When I spotted this thread I didn't know that I'm in such good company and that you even created this thread ! A small world we do live in..

Finally I'm also eyeing another company to buy into: BIOI - Biosource - seems they turned profitable again also. Not yet sure and no funds left but I'm seriously eyeing it..

all the best
CROSSY
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