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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 (186)10/9/1997 3:32:00 PM
From: Hamid Pourjalali   of 223
 
William:

I am sorry that I missed that opportunity! I saw this company accidently a while back and put it in my watch list. At that time the price was a little higher. I still don't understand why it went below 1 3/4. It must be some profit taking for those who bought theirs under one dollar. In any case, I don't find any logical reasons for the current prices ($3 a share would provide a P/E of around 20). So, I am glad that I bought my shares today. I went ahead and put some more buy orders in the case that the price would drop further. That will (both) bring my average cost lower and will give me higher share of profit when the company is appreciated.

Since you were right about this company, do you have any other companies in mind that you think they may end up similar to BRLI in near future?

Regards,
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