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Biotech / Medical : Immucor
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To: Sidney Merle Foster who wrote (298)3/16/1999 7:40:00 AM
From: Mason Barge  Read Replies (3) of 422
 
There really isn't any explanation or anything to be done, it's the mystery of the market. Management has done an excellent job of increasing earnings, currently and for the future. There's really nothing else to do. It's a good outfit with solid growth.

I think the PE got a little high and it's just growing into its trousers, so to speak. Personally, I think that the earnings will be there in the next few quarters and the stock price will increase. And if it doesn't, and the PE keeps declining, eventually it'll start paying dividends!
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