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Biotech / Medical : Biosource International

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To: Robert T. Quasius who wrote (173)8/29/1997 12:57:00 AM
From: Douglas V. Fant   of 696
 
Robert (off topic),

TEC just whipped its earnings estimate by about 20%. Current FY 97 estimate is $1.53 while the FY 98 estimate is $1.72, but these will likely have to be raised after yesterday's announcement. TEC currently selling @ $16 3/4, and has a 2.3% dividend to boot.

It's a machinery/industrial equipment type of stock (and also owns a controlling interest in CUNO, a water filter company) - a nice counterpoint to include in a portfolio of high-tech stocks... Thanks for the tip on BIOI...

Sincerely,

Doug F.
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