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Biotech / Medical : Biosource International

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To: MikeM54321 who wrote (578)11/2/1998 6:19:00 PM
From: Joe Dancy  Read Replies (1) of 696
 
Confirmed that the product written off was not technologically obsolete Mike - just has a very long shelf life so the accounting change was made to better reflect the financial position of the company.

Also, on Yahoo some poster claims to use their products and is impressed - and noted that government funding for research should accelerate next year which should spill over into companies like BIOI.

With all the financial analysis it is nice to see that someone who has dealt with the company and the products was impressed and bought some shares based on the service/product.

Best - Joe.

PS - apparently there will be an interview with the BIOI CEO at stock-line.com posted soon - will be interesting to hear the management's story again and the discussion of the acquisitions
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