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Biotech / Medical : ABAX --- lots of upside
ABAX 83.000.0%Aug 1 5:00 PM EST

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To: David Bogdanoff who wrote (361)11/13/1997 6:14:00 AM
From: Yo Yo  Read Replies (1) of 492
 
Maybe this is a selling opportunity????

I am waiting to see if this company is every going to make any money
before I consider buying. They don't need to be making it, I just need
some indications that they eventually will.

Maybe if they can cut production cost on the disks with the new
automated manufacturing.

Maybe they can get some more tests approved for human use so more labs
will begin to think about buying a machine.

Maybe some contracts that will send next quarters revenues above this
quarters, (I think they will be lower).

Until one of the above happens, this company is just a "cash burning
machine". And that won't drive the stock price up.

YO YO
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