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Biotech / Medical : Biosource International

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To: Frank Brisebois who wrote (41)	2/14/1997 1:54:00 AM
From: Timothy Grimes	of 696

BioSource I/R confirmed via e-mail earnings will be reported sometime between March 1 - 10. Reason for delay is due to accounting differences with their European subsidiary. Nice strength the last few days. It can't be insiders so it is all anticipation. True test will be if the $8 support level holds 'til earnings are reported. I don't think 1st quarter earnings will be delayed, so April should provide another bounce. We'll see. BTW...for what it's worth you guys might want to check out Eltron International (NASDAQ:ELTN) They make computer printers. It is a good company, good products, with excellent management just like BIOI. Coincidentally, Eltron is located only about 15 miles from BioSource. The stock has been beaten down to a level that I believe makes it an excellent value. I'm buying some shares next week. Tim

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