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Biotech / Medical : Biosource International

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To: steven Probst who wrote (559)	10/5/1998 5:44:00 PM
From: Joe Dancy	Read Replies (1) of 696

Don't know Steve how low this one will go. I did buy more recently at slightly above $3. Today maybe I could have bought below $3. Small cap tax selling will hurt us - see members.aol.com - but some say this is the greatest opportunity for investors in small cap stocks in history - members.aol.com I tend to agree with the opportunity opinion - if we can hang on. Fact that company bought back the bunch of stock they did at $6 plus makes me feel a little better - and also the fact that this is downdraft is systemic risk of the market and not a company specific blowout - but it still hurts a lot. Will be interesting to see what earnings look like. No articles have been published that would explain the price decline. Let me know if you have an opinion here. They get 50% of revenues from Europe, but like the US their economy is predicted to slug through and still grow. Joe

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