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Biotech / Medical : Biosource International

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To: steven Probst who wrote (161)	8/27/1997 9:31:00 PM
From: Night Trader	of 696

Steven, Theres been some earnings revision downwards recently. Concensus is now .46 calender '97 (from 4) down from .50 and .66 calender '98 (from 3) down from .73. Even then though stock is now trading at nine times next years earnings with an expected 35% 5 year growth rate (from 3 analysts). Not only that it has no debt and about $1.50 a share in cash. How about that irrational exhuberance with these small companies hey? Eventually perception will catch up with the company and we will be rewarded though it may take a year or so.

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