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Biotech / Medical : Bio-Reference Labs (BRLI)
BRLI 4.700-44.0%Dec 22 4:00 PM EST
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To: Bucky Katt who wrote (152)9/23/1997 5:50:00 PM
From: Steve Glisky   of 223
 
WJ,

I'm doing my part by visualizing $6 per share.

In the meantime, what can we expect during the next quarter
with regard to share holder value? BRLI performed good last quarter but diluted the stock so much that there wasn't any improvement in eps.

Are they issueing stock when they need to pay off a debt? I know brli may issue stock when they take over a company or to give incentive to their execs but where else is the stock going? Do you expect this trend continue?

I noticed they've got a lot of money in receivables (~11 mil). What percentage of this do they expect to collect?

Thanks, Steve.
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