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Biotech / Medical : Biosource International

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To: Night Trader who wrote (625)2/12/1999 9:25:00 AM
From: Joe Dancy   of 696
 
Thanks Martin. I really don't buy off on Murphy's "growth flow" theory, and had not run the numbers here, but they obviously look interesting.

I like your analysis - do you think that the ratio is where it is at due to "inefficiencies of being such a small company" when compared to TECH? Or due to aggressive product development?

I've talked to some in the industry that use BIOI products by e-mail, and they like the products and they like the company - and that is really all I need to know, but obviously it is not an indication of future growth.

Some of the analysts who cover the company (the ones who are paid :)) think that the product stream is strong, or at least will sustain growth in the teens, which is what management also believes.

Thanks for crunching the numbers.

Joe
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