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Biotech / Medical : Biosource International

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To: tom pope who wrote (518)7/8/1998 10:03:00 AM
From: Joe Dancy   of 696
 
Got your point on revenues. The company did have a slide that they presented that compared revenue growth over the last four years on a quarter by quarter basis - and you are correct in that the rate of growth was slowing but I thought he said that each quarter was better than year earlier levels for the last four years if I recall.

The CEO made a point of mentioning - even in the summary slide, revenue growth expected at 20% - so I guess we will see how much credibility this guy has. Maybe I'll like BIOI less after the earnings and revenues are released if there is no growth.

Also I dug a little more Tom and found that the company was named as one of the Deloitte & Touche LLP "1998 Los Angeles Technology Fast 50." To be considered for the Fast 50 status, companies must produce a technology, manufacture a technology-related product, be technology intensive or use unique technology in problem-solving and devote a high percentage of effort to research and development of technology.

Also, on Saturday, Aug. 1 at the Mission Valley Radisson in San Diego, "investors will be treated to a full day of biotech/medical technology presentations, commentary and insight" at an "Informed Investor" symposium.

BIOI will make a presentation there - at least they are trying to get their story out.

Joe
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