BMRA (Biomerica) Message Board

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Biotech / Medical : BMRA (Biomerica)

BMRA 2.545

-0.7%

Nov 6 3:59 PM EST

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To: Jeffrey L. Henken who wrote (29)	3/15/1997 9:51:00 PM
From: Gapman	of 170

Jeff...Whenever you see an article and post comments on it make sure you report the source. With regards to BMRA's price the stock is CHEAP and should be bought on any dips. Why?? This company has many products in the pipeline and the success of any one product will not have a major impact on the company's future. While I don't expect a move back to the high of last May anytime soon I do see the stock producing yearly returns of 20-30% over the next 2-5 years. On a technical look the stock has been making a downward sloping base for the last 9 months. All selling attempts have been turned turned away at the 3 area. If the orthodonic division reports good #'s next month look for the stock to bounce off this base support. All indications point towards a positive resolution so to sell here would be a mistake IMO. I'm holding for the longrun and will be a buyer on any unexpected dips. If your looking for another company in this sector with bright prospects checkout BIOI. This company is selling at half its growth rate and has just been picked up by another broker as a buy. Check yahoo for all the details.

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