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Biotech / Medical : Immucor

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To: Thomas Kirwin who wrote (169)8/27/1998 10:41:00 AM
From: Mason Barge  Read Replies (2) of 422
 
It will be interesting to try and deduce the company's buy point. The current bid is 8 1/4 x 1000 shares, no shares trading today. If decent sales materialize before the end of the quarter and the company gets aggressive, it could give us some support in the 8 1/2 to 9 range.

The float on this issues is going to get pretty small if mgt actually buys 800,000 shares of stock. It will increase the beta. I'm still anticipating a sudden surge to 20, if the _(%&_*$%) market will just cooperate.
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