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Biotech / Medical : Biosource International

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To: Timothy Grimes who wrote (408)	2/1/1998 8:51:00 AM
From: Joe Dancy	of 696

When are the earnings due to be announced Tim? That will put an end to the short speculation, at least for awhile. Selling at a price to book of 1.7 with no debt and having a consensus long term earnings growth rate of 32.5% with three of four analysts rating the company a buy or better I can think of better companies for shorts to attack, unless this is just a very short term attack based on last quarter's earnings. I would view this as a buying opportunity, a major one, and have been a buyer last week. Of all the companies I've been buying BIOI appears by the numbers to be the most attractive now: members.aol.com As was noted, this is not the only biotech to be weak, and as you know this sector comes and goes with regard to whether it is in favor. Best - Joe

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