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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: Jeremy Smith who wrote (95)11/23/1996 12:54:00 PM
From: Eric Hovdesven   of 617
 
4th Quarter ends 12/31. As far as I know they only release quarterly earnings, so if it is similar to last quarter, they may release an early estimate/calculation in early January. On October 1, they released information on merger charges and projected "break-even" results for the September Quarter on October 1, at that time they said they expected a small profit for the 4th quarter. On October 31, they released the numbers and stated: Isolyser Co Inc said on Thursday that it is positioned for "modest profitability" in the fourth quarter and that it expects to be "comfortably in the black in
1997."

My guess is that analysts will have a better feel during the quarter as to how modest the profitability will be assuming they have better access to sales figures. Does Zacks do numbers for Isolyser?
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