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Biotech / Medical : biocircuits BIOC

BIOC 0.435

-13.1%

Oct 24 5:00 PM EST

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To: Steve Robinett who wrote (35)	7/7/1997 8:43:00 AM
From: Steve Robinett	of 65

To All, Looks like BIOC just got its reprieve, i.e., the second and biggest chunk of its much-needed financing. biz.yahoo.com Combined with the recent Beckton-Dickenson announcement, potentially solving BIOC's sales and manufacturing problems, the financing will keep them alive another year and avoid Nasdaq delisting. Under the circumstances, all of this (IMO) is good news, even with the 2-to-1 dilution from the private placement (1 share common plus warrant for one share). As the man falling from the 10th floor of a building said when the window-washer he passed at the 5th floor asked him how it was going--so far, so good.

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