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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: Tom Jordan who wrote (379)12/16/1997 11:00:00 AM
From: burner  Read Replies (1) of 492
 
Tom,
I noticed a posting on Abaxis on Yahoo. It is interesting and I will paste some of it here:

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I have seen two recent analysts' research reports on Abaxis, Inc. One is from Impact Capital of San Francisco, CA and the other is from Prospektiva Investments of Lugano, Switzerland.

Both reports were positive on Abaxis and had one-year price targets of $8-10. Prospektiva Investments' report highlighted
rotor cost reductions and menu-additons as important short-term milestones for the company. The report also highlighted the
favorable operating performance of ABAX when compared to other POC diagnostic companies, like Cholestec, Diametrics and i-Stat. Based
on their over-all assessment of ABAX, Prospektiva Investments' analysis showed that ABAX' stock trades at a 75% discount to
this group based on operating performance.

Impact Capital highlighted the market opportunities of ABAX in a very favorable way.

I view the recent interest for ABAX from several analysts and their postive assessments of the company as "encouraging" for most current holders of ABAX stock. I have been an investor for some two years now. However, I also continue to buy more, since I strongly believe, that the company is "on the right track".

Regards,
Claudio
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