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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (338)8/2/1999 10:12:00 PM
From: LLCF  Read Replies (1) | Respond to of 52153
 
Sector "screaming":

cbs.marketwatch.com

DAK



To: LLCF who wrote (338)8/10/1999 12:17:00 AM
From: Micro-Selector  Read Replies (1) | Respond to of 52153
 
Opinion on BSDM?

Given recent news and current prospects certainly would be reasonable for it to finally make a move upward.

Current situation:

Price has hovered in $.30 - $.40 range over last 6 months while company awaited approval to sell new technology in European Union.

Recently completed first shipments of new technology line (BSD-2000/3D) to Europe (backlog of orders was around $500K). This will be reflected on 4Q FY99 balance sheets. An additional $3M in litigation settlement should also be reflected on 4Q balance sheets.

20M shares authorized
16.5M shares out with approx 55% closely held
6M in float

bsdmc.com
biz.yahoo.com