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Biotech / Medical : Biocontrol Inc.
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To: Tom R. Jones who wrote (83)11/14/1996 9:07:00 PM
From: Richard L. Rethi   of 100
 
Tom -- Today's Score: Pitt. P-G (1) BICO (0) So far, the only thing that the PG missed was their prediction several months ago that BICO would fold in October. This company has been around for 20 years with Purdy as president and they have received several FDA approvals on medical devices. They know how the system works. Why would they ignore the FDA directive on "at home" testing? It is not because of incompetence. As to the class action suit, I thought that only involved Pa. residents that purchased their stock from out of state brokers when the stock sale was prohibited in Pa. I bought my stock from Advest in Indiana, Pa. on Dec 23, 1995 and have not received any info on the suit. Believe me, if BICO folds there will be nothing left..What does the company own? The end is near! Dick
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