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Biotech / Medical : idexx labs(idxx)

IDXX 715.37

+0.5%

Jan 16 9:30 AM EST

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To: George K. who wrote (144)	8/6/1997 1:51:00 AM
From: 4-UR-Eyes-Only	of 233

<<We have continued to aggressively expand in newer growth areas including veterinary practice management software, veterinary laboratories, and veterinary pharmaceuticals. IDEXX management is ommitted to driving performance improvement as we get our near term issues behind us, and we are confident that our efforts will yield improved results in the next several quarters.'' >> CEO's statement is quite positive for future quarters. Hopefully the inventory adjustments are done by now. IDXX has very strong balance sheet and needs to break $17 which is 100-day MA.

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