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Biotech / Medical : Biosource International

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To: Timothy Grimes who wrote (68)	3/6/1997 9:01:00 AM
From: Musti	of 696

In reference to your comments about "revenues were extraordinary at almost a 100% increase over 1995" -- the 100% increase may be true but like the earlier post, I too question why this stock ran up on this last quarters earnings announcement. Revenues for the quarter were flat with the prior quarter and earnings were below the prior quarter! Also, I scanned the analysts that follow this stock and I see one Q4 revenue estimate of $6.2 million! (with EPS of $0.13 as well!) and another with Q4 revenue estimate of $5.66 million with EPS of $0.12!). Zachs showed 3 analysts with a low of .12 and a high of .13. I'm with the prior post --- why did BIOI move up? Does anyone know if there was a conference call where more was said than in the earnings announcement -- because this announcement DID NOT even come close to meeting estimates.

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