ABAX --- lots of upside Message Board

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Biotech / Medical : ABAX --- lots of upside

ABAX 83.00

0.0%

Aug 1 5:00 PM EST

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To: burner who wrote (411)	4/2/1998 11:39:00 AM
From: Yo Yo	Read Replies (1) of 492

A question. Why is company spending money on Investor relations flyers (to people who already own shares, but that's another thing) unless they are are trying to go to the equity market to issue more shares? The company is already tight for cash, still has negative operating cash flow, and needs to spend more money increasing development of new panels. If things are going good, the results will speak for themselves. Year end results will be out soon. ( or won't be, if things aren't going so well). I also didn't notice mention of the profitable Dade-Behring unit that competes with ABAX. Smells like a Reg-S or convertible debt offering is on the way. Just isn't making sense. As you may have guessed, I don't own any shares, YET! Yo Yo

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