ABAX --- lots of upside Message Board

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Biotech / Medical : ABAX --- lots of upside

ABAX 83.00

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Aug 1 5:00 PM EST

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To: PACKRATCAT who wrote (401)	2/19/1998 7:48:00 AM
From: Yo Yo	Read Replies (2) of 492

Matthew, It is easier to get tests approved for vet use than human use. Currently ABAX's suite of human tests aren't compelling or profitable enough to convince the typical practitioner to buy a unit yet. The veterinary ones are currently more beneficial. Company is currently developing additional human tests that will make Picallo more attractive in human market. I think they should be approved late in calender year 1998. As far as Navy goes, it's their option, they have only had the first batch of units for a few months. They'll probably evaluate how beneficial these units are, then decide. How long can that take? One other issue that's a wild card...... Competition. There are at least two competant competitors in the business, one is ahead of ABAX in human market, the other is a year away from selling virtually identical systems. Yo Yo

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