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Biotech / Medical : Biosource International

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To: VALUESPEC who wrote (489)	5/14/1998 1:54:00 PM
From: VALUESPEC	Read Replies (1) of 696

It appears it was another company that was visiting the billion dollar company I spoke of earlier. However, this is a good little company, and I think the year to year comparisons will look much better. In 1996, they weren't fully taxed. In 1997, they were, and this made comparisons not look as favorable. In both 1997 and 1998 they will be fully taxed, so the growth should be more evident. They have no long-term liabilities, and they have about $ 2.00 per share in cash. The balance sheet looks great and revenues are expected to increase. On top of all this, the company has had a nice base in this general area. On any good news, I could see this going to $ 10+, though I'm not sure how long I will hold. I'm up about 190% since January 1, 1998. BIOI: $ 6.75b $ 6.94a VALUESPEC valuespec.com

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