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Biotech / Medical : Biosource International

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To: Medhead who wrote (433)	3/9/1998 11:03:00 AM
From: Joe Dancy	Read Replies (2) of 696

Thanks for your take on what is going on. I agree company is very cheap at these levels - and if you listened to the conference call it was upbeat - not just the management but the questions in general. EBIT was up so much for the quarter due to some one time adjustments as I recall, they said expect numbers more like the full year in FY98. I think we will see much better prices in the year ahead here - Europe is turning around and if institutions run from the Intels, MOT's, and Compaqs maybe they will find the biotech sector. Best - Joe

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