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Biotech / Medical : Isolyser (OREX)- Any comments
OREX 0.223-34.4%Apr 3 5:00 PM EST

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To: mike mantoni who wrote ()11/20/1996 12:03:00 PM
From: Eric Hovdesven   of 617
 
10q is available at Edgar www.sec.com.

One concern I have is the fact that they are taking a charge for unsold inventory and defective inventory. However, the biggest question in my mind is why they have an excess inventory of OREX Towels. I had posted a local papers story that quoted an analyst who stated that their supply did not meet demand. So is it an improper product mix, a shortage of raw materials or an overall lack of Demand for OREX thus far? It looks like their capital expenditures on the two OREX plants in the Carolina's are completed and now its time to sell.
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