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Microcap & Penny Stocks : BIOPOOL(BIPL)

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To: Keith Monahan who wrote (362)3/25/1998 5:54:00 PM
From: Dave B  Read Replies (1) of 507
 
Keith, this is an interesting company. I would suggest reading the Annual report "when" it is filed with SEC on Edgar, it will probably shine a little more light onto what is going on with BIPL. They leave alot out of press releases. There was insider buying on this stock going into the 4th Q and growth was looking good, so I think the disappointing 4thQ caught more than just the general investing public by surprise. I am going to do some more research...if I find anything relevant I'll post.
I'm getting a very strange feeling of substantial problems ahead after reading the press release.
They still have a strong balance sheet however, so maybe buying on a dip isn't such a bad idea.
Dave B
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