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Biotech / Medical : ABR Information Services (ABRX)

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To: Vegas who wrote (121)11/25/1998 5:04:00 PM
From: Jim Mac  Read Replies (1) of 156
 
Recent EPS was artificially high due to non-recurring lease revenues, and lower tax rate.

Recent acquisitions won't add to earnings any time soon, according to ABR's own press releases.

Since ABRX is still way down from its overvalued highs earlier this year, tax-selling season kicking in now, and ABRX moderately priced, not eye-popping cheap, I won't be surprised if ABRX dips down near $10 again by year end.
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