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Biotech / Medical : BJCT-BIOJECT-needle less injection product

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To: James Strauss who wrote (212)7/21/1998 8:31:00 PM
From: Marc Kahn  Read Replies (3) of 534
 
I heard an interesting tid-bit today. This falls under the "rumor" category, but considering where it came from, I believe that it is true.

Apparently the sales rep devoted to pursuing the US military is doing a good job. Bioject has received an order for more than 100,000 Biojector ampules for the military.

We are currently in the 2nd quarter, which has historically been our best quarter for product sales, because of flu shot season. With additional orders such as this one, we could be headed for a very good "revenue from product sales" number for Q2. Add in the $1.5 million up-front payment from Merck, and I don't think a person would be too far out of line predicting a PROFITABLE quarter. Wouldn't that feel good?

Marc Kahn
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