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Biotech / Medical : NEOG - Neogen, Anybody have any info on this one??
NEOG 7.035+2.5%Dec 16 3:59 PM EST

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To: Brian Johnson who wrote (25)11/25/1996 11:48:00 AM
From: Gary S. LeBlanc   of 139
 
If Neog breaks above 7 1/2 that will be a very positive technical move. My average is $7 after buying some more at 6 1/2. Your goal is very realistic. I think earnings will be incredible ( $.47 for '97). That makes it only trading at a PE of 15 or so. I think the stock could be at 15 in the upcoming year if market environment remains bullish. The stock sale in September created some downward pressure on the stock in the short term, but as institutions become buyers that will exhaust supply rapidly.

Gary
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