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Biotech / Medical : Biosource International

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To: Jolie Renee who wrote (137)	6/24/1997 11:15:00 PM
From: Peter H. Mack	of 696

I was mainly looking at velocity. If the sales market is doing well and is not changing stride, that is a good sign..The news item of 6/6/97 said that there may be a 15% shortfall of European revenue due to exchange rate changes.. It also said that approximately 1/2 of revenue is European sales.. I wonder how much of the European sales are produced in Europe, and if the cost of product will adjust as well. I would view exchange problems as temporary. If on the other hand sales were suffering because of acceptance, I would be alarmed. At this moment, I remain optimistic. What is it that concerns you? Pete Mack

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