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Biotech / Medical : Biosource International

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To: Joe Dancy who wrote (596)12/22/1998 1:53:00 AM
From: Timothy Grimes  Read Replies (1) of 696
 
You wrote:

I wouldn't worry Tim, the listing issue becomes a problem when the stock goes below $1. If it does, they could do a reverse split.

Reverse spilts are never good. I hope the company never considers that as a possibility. Almost all companies that do a reverse split appear to be a huge risk and stay out of favor on Wall Street.

Please post your meeting highlights next week. Really the only thing we need to know is when and how they plan to show a profit again, and then show the double digit growth required of a micro cap. Amgen received some nice news last week, will BIOI realize any additional revenue from Amgen's prize?

best,

Tim
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