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Biotech / Medical : Immucor

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To: Sidney Merle Foster who wrote (175)9/2/1998 6:21:00 PM
From: Thomas Kirwin  Read Replies (1) of 422
 
Sidney,

While I agree with your assessment that this single announcement will not drive the stock price up, it is indeed a shrewd deal. Immucor lays out $1.7 million and gains almost $1 million in revenue. A few pennies per share should fall to the bottom line. Sure looks like the new CFO knows how to use those idle funds!

Regards,

Tom
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