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Biotech / Medical : HBOC...Buy in here?
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To: John Carragher who wrote (147)7/16/1998 5:36:00 PM
From: Hal Barnett  Read Replies (1) of 341
 
John,

The Pyxis part of Cardinal Health would be a good acquisition and fit
for HBOC. Maybe the idea is to use HBOC's information technology core to expand into inventory management. Sort of an analogy to Materials
Resource Planning for a manufacturing company.

The HBOC stock activity is similar to CSCO. They announce a quarter that beats the street by several cents. The analysts say that the rate of revenue and earnings growth can't be sustained. The stock takes a big tumble and by the end of the following quarter it sets new highs. I plan to remain an investor rather than a trader in HBOC.

Regards, ... Hal
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