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Biotech / Medical : HEMAGEN DIAGNOSTICS (HMGN)
HMGN 0.00010000.0%Nov 7 9:30 AM EST

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To: Walter Morton who wrote (31)1/27/1999 11:04:00 AM
From: Yo Yo  Read Replies (1) of 98
 
A leak? or just some opportunistic employees?

Looking through the numbers, things look good. I got lucky enough to pick up some HMGN cheap right before the new year. Profitability WAY
better than I expected for the quarter.

I spoke with the company a while back and recall them saying the
margins on the Analyst disks are good, the old razor/razor
blade scenario. Not to mention Dade spent the last ten years installing the machines. Dade spent huge money on this business
before selling to HMGN. Cash cow for now. Just need to update the
machine (which is in the works) and develop more tests.

Yo Yo
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