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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: Sol Rosenburg who wrote (193)10/10/1997 1:49:00 AM
From: Hamid Pourjalali   of 223
 
Sol:

Thanks for your comments. I have not been in the market for a long-time. One thing I have learned in my short experience is that investors appreciate good growth companies. I looked at what was available to me (information) for BRLI and found it attractive both from the growth perspective and from their current Price to Earnings ratio. I am not claiming that the market will appreciate this company for sure, but I firmly believe that it is a very good possiblility. That's why I bought some shares today and I am in the market to buy some more.

About CYAN. I don't know much about the company and its products. I knew of the company and it was on my watch list for almost three months. I expected that its market prices would drop more than it had already dropped. Good for its investors, the price didn't drop as much as I expected, and I didn't buy any stocks. I am not sure about the future of the company and I believe that it is going to take a couple of years before the effect of new diversification will be seen. In short, I will not take any position in CYAN, until I found that the management initiatives are effective. I hope I am wrong and CYAN's stocks will be appreciated in future.

Regards,
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