BMRA (Biomerica) Message Board

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Biotech / Medical : BMRA (Biomerica)

BMRA 2.460

-3.3%

3:59 PM EST

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To: Terry Norman who wrote (7)	3/15/1997 2:13:00 PM
From: Jeffrey L. Henken	of 170

Terry, I noticed that you have not contributed much to this thread lately. I'm hoping you will answer a couple of questions for me. First how difficult do think it would be to trade several thousand shares of this stock? I am fairly certain that you have done this before. I have owned a few hundred shares for several years. I really like the management. They seem honest and straight forward. Periodically there have been problems with Lancer's profitability. Always short term. I picked up the newspaper today and noticed an article which could have a negative impact on the stock. It seems that the PSA test is being questioned as to it's ability to diagnose prostate cancer. The headline reads " Cancer test loses status as an early warning test." It goes on to state that the American College of Physicians is no longer recommending the test for regular use. The ability of the test to diagnose prostate cancer is questioned. How high is too high a PSA level is questioned. Just about everything about the test is questioned. Anyway I thought everyone on the thread should know. While there is little doubt in my mind that the FDA will continue to approve tests like the 5 minute PSA test that Biomerica has lined up. The size of the market or even the market size itself for PSA tests probably just got smaller. Do you think that this will make it more difficult to trade a large block of this stock? How much is too much? I guess that what I am trying to say is that without the ACP and the US Preventative Task Force recommendations for regular PSA tests no one should count on approval of this test as another rise to the 9 levels. Still I am very positive about the future for BMRA and want to buy more shares to trade like you have in the past. Please let me know what you think on how large a block based on your trading before? Regards, Jeff

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