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Non-Tech : Nabi (NABI)
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To: Robert T. Quasius who wrote (205)9/12/1997 11:06:00 AM
From: Deca Row   of 354
 
robert
i respect your opinion. i agree with you that nabi will go places but not just yet. i know for a fact that their new facility which was built just behind co. h/q is a total mess and this will be the engine which will provide future growth in earnings per share. they are way behind projections for getting the facility for pla and ela license from the fda. this is supported by the release of lower management people(v. p. of manufacturing and supervisior of operations for facility equipment) nabi really got screwed big time by the contractor who built their facility. the general contractor who oversaw the project did this from his office in san francisco. to add to problems their centrifuges are of real poor quality along with all other euquipment. to make a long story short the whole facility was what they call "VALUE ENGINEERED". Remember, the are contracting someone else to manufacure their h-big product and with the delay of the manufacturing facility getting licensed inventory will be depleted.
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