BJCT-BIOJECT-needle less injection product Message Board

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Biotech / Medical : BJCT-BIOJECT-needle less injection product

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To: Grandk who wrote (370)	3/5/1999 11:13:00 PM
From: GREG FINLEY	Read Replies (1) of 534

Dear J.Kenyon, Thank you for your kind words. Certainly, your skepticism is founded, especially in light of the fact that you have actually purchased shares in this company for less than I have averaged over the past 2 1/2 years! But your take on the overall situation is correct, in my eyes, and that will lead to enormous profits over the years if the company is able to turn the profit corner with a successful business strategy and a single new product. The strategic plan of building corporate alliances and generating sales through those alliances will be the singular key to Bioject's ability to succeed in the coming two years. Additionally, the product they are developing via the Elan co-venture, while acting currently as a huge debit due to development costs, should eventually be an big money maker...the market is huge! If Bioject is able to successfully market their jet injector through the mentioned alliances and develop and market their co-ventured "GLUCOTRAX", I see no reason why their earning should not eventually reach the $1.00 per share (or more) area, which at 60 times earnings would equate to my $60.00 a share selling price for their stock. I have spoken to several people who share this opinion. It is not going to happen overnight. But if BJCT's management is able to deliver what is currently being worked on, we could see these figures inside 5 years. That is NOT a very long time from now. I hope this helps or at least answered some questions. I know as fact that they are working diligently towards these ends up there in Portland. I believe that they will succeed in making Bioject profitable. Always, Greg

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