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Biotech / Medical : biocircuits BIOC

BIOC 0.435

-13.1%

Oct 24 5:00 PM EST

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To: Craig Rodkin who wrote (38)	7/7/1997 5:08:00 PM
From: Steve Robinett	of 65

Craig, good question. First of all, BIOC isn't Intel. Nobody follows it. More importantly, the news says BIOC has a shot at staying alive for another year. That still isn't positive results, i.e., making money. Whether they will ever make money is still a big question but they do have the extra year and--maybe--Becton Dickenson to help solve some of their sales and production problems. What the stock needs is some indication the $5 million that's keeping them alive isn't being thrown down a rathole, i.e., sales sufficient to indicate BIOC might someday rise from the dead. At my buy-in price, I'd be happy with anything over a buck. To get that, BIOC probably has to sell something to a doctor or two. Best, Steve.

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