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Microcap & Penny Stocks : HemaCare Corporation (HEMA), profitable
HEMA 25.31+0.6%Jan 3 4:00 PM EST

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To: TARIQ STOCKS who started this subject12/3/2001 10:57:40 AM
From: MeDroogies   of 70
 
Some good news from their recent EDGAR posting:

"Historically, our profit margins from blood products have been derived from the production and sale of blood components other than red blood cells. While we have collected and produced red blood cells since 1995, the artificially low prices for these products have produced either marginal returns or operating losses. The new pricing levels for red blood cells established by the ARC present opportunities to earn reasonable profit margins on sales of these products while charging prices that are lower than those charged by the ARC. Additionally, the new pricing structure enables us to offer our BMP programs to many hospitals that previously would have been uneconomic since the hospitals' blood product utilization consists primarily of red blood cells with minimal use of other blood components (platelets, plasma, etc.). However, pursuing this initiative will require significant expenditures, and we cannot assure that we will be successful in deriving increased earnings from these new opportunities. "

I think that if they focus on where they currently have relationships, they can reduce costs, increase margins and grow very well organically. Right now, there isn't alot of capability of competitors to step in.....
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