Isolyser (OREX)- Any comments Message Board

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Biotech / Medical : Isolyser (OREX)- Any comments

OREX 0.223

-34.4%

Apr 3 5:00 PM EST

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To: RGM who wrote (456)	6/24/1997 7:58:00 PM
From: rgerson	of 617

I spoke with IR. They admit that they rolled out product too soon before quality was well controlled. They have also been hurt by EPA lightening up on red bag disposal rules. They are also being hurt by the big buying groups that have shut them out. They are looking at other industries where margins may be higher such as nuclear. I was also told that they are not averse to doing something with other medical supply companies if it would be good for Isolyser. I am long a 1000 shares . I do not think the stock can go much lower from here but it may touch the 2's again until the market sees some signs that the new CEO is being effective. My estimate is this is probably 2 quarters away.

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