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Biotech / Medical : NEOG - Neogen, Anybody have any info on this one??
NEOG 10.67+1.2%2:41 PM EST

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To: Brian Johnson who wrote (55)1/21/1997 1:55:00 PM
From: Rich Genik   of 139
 
We didn't break through the 8 1/8 level so I think there is going to be some consolidation until the next earnings announcement. If we drift down below 6.75, I'm going to pick up some more.

The company spends a huge amount (~15% or revenues) on R&D, and they state that they are looking into other possible markets. Although, I haven't heard of any market which will provide as great of revenues as food safety.

Regards,

Rich
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