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Biotech / Medical : Biosource International

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To: steven Probst who wrote (605)	1/6/1999 9:07:00 AM
From: Joe Dancy	Read Replies (1) of 696

Sorry Steve, have been busy with the new website taking out the kinks. Yes, we had the interview and it went well. Most was not new news - but some was. For example, I hadn't realized that the acquisitions will increase revenues 50% this year. Also, there may be a small write off of something relating to one of the acquisitions this quarter - hence probably the reason (my speculation) that all analysts now rate the company a hold. Interesting to note that BusinessWeek's Jan 4 edition had Techne listed as an "undiscovered gem." At a price to book of around 5 and a PE above market it may be undiscovered but not cheap. Will provide link here soon and you can listen for yourself. I continue to like the company for long term investors - 3 to 5 years - and continue to accumulate at these depressed levels. Look at the revenues for the company for the last 5 years - and if we see a 50% increase this year tell me they are not attractive - dailystocks.net Volume and money flows are into the stock the last few weeks, and I think that we are at a long term bottom - or very close. Best - Joe

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