Bio-Reference Labs (BRLI) Message Board

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Biotech / Medical : Bio-Reference Labs (BRLI)

BRLI 4.700

-44.0%

Dec 22 4:00 PM EST

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To: jay smith who wrote (47)	7/6/1997 8:05:00 PM
From: steve host	of 223

Jay -this is more than PR - this stock is way undervalued and investors are just getting wind of it due to the insider buying. UNder 10 PE, Way below book. Very liquid, and a consolidating industry which makes the company very vulnerable to a takeover. I think this one is going back to the $5 area very quickly if not taken over. That is where it was just two years ago and the company is doing alot better then it ever did. Look at the volume the past 10 days - something is going on and it's not just earnings. Good luck - it's a big buy at least up to 2.50 IMHO. Should be at least 2x book = $4 but more if the earnings keep picking up

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