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Biotech / Medical : Biosource International

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To: Joe Dancy who wrote (614)	1/20/1999 9:00:00 PM
From: Bob Richmann	Read Replies (1) of 696

Well, I'm back in the BIOI boat after a long absence. Just like the business too much not to buy at these levels. Hope management handles these acquisitions better than the European fiasco. I'd like to see a greater insider ownership rate, but it seems now that officers of companies don't buy their own stocks, they just wait for their options to come along. Kind of disappointing actually. Would like to see management own about 20-25%, divided between the officers. I've been involved in stocks with 75% insider holding and the company was very indifferent to shareholders, so I'm not a big fan of greater than 50%. Some of the names here still look familiar, hope times will be changing for your benefit, as well as mine. Good Luck

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