neog - Neogen's E.Coli Test adopted by Japan Message Board

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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan

NEOG 6.050

-3.9%

Nov 4 3:59 PM EST

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To: kenneth shopsin who wrote (285)	1/12/1999 1:05:00 AM
From: Kramer	Read Replies (1) of 441

Hi Kenneth, it is my opinion that neog has three things holding it back: As I have posted before, IMHO what is holding back the stock: 1. The Darts, in which I have mentioned frequently. 2. Last years 4th quarter that appeared on the surface to be a stumble. This is closely related to the extra legal expenses. 3. Neog's apparent pause in acquisitions. ie: they are sitting on too much cash. The first two will definitely blow over. When? IF I'm right we will know on these two after the fourth quarter...IF.. The 3rd I have mixed feelings about; while I would like very much to see the cash put to good use, I don't want their standards of what constitutes a good investment to be compromised.

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