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Biotech / Medical : Biosource International

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To: Douglas V. Fant who wrote (255)10/22/1997 9:39:00 PM
From: Orwell  Read Replies (1) of 696
 
Big drop today (Oct.22) on BIOI.
What happened? Any thoughts?
Is there a danger of downside earnings this quarter?

This one was one of my conservative picks, with the thinking being that they are profitable, and a supplier to a growing industry. I prefer to buy suppliers rather than end users or product--that way it doesn't matter if the end user of the product makes a profit or not, or is beaten up by competition.

O.
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