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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (357)9/9/1999 11:14:00 PM
From: Kramer  Read Replies (2) | Respond to of 441
 
Anyone should be able to see that a 16 cents estimate is irresponsible. 16 cents after taxes compared to 13 cents not taxed? That would be a 100% EPS growth!! There is no reason to believe neog could have grown internally that fast last quarter; to accomplish that they would have needed that legislation to have passed in Washington and didn't do so yet. As a result I expect this quarters earnings release to stand on its own merit, no matter what some foolish analyst predicted based on false information. We both know where the down side risk is and its not far from here; so why would anyone panic out at these levels? BTW, did you see that management is proposing simple anti-takeover measures? That's because they know their company is a very tasty morsel at these levels.

I don't know anything about Mr. Pounds, but apparently he must see that neog has the fundamentals and growth that make it a real bargain. All that management needs to do is get that cash to work and we will be seeing those teen prices again. BTW, did you notice the authorization to issue more shares in the proxy? Hmmm...I'm thinking maybe Jim and Lon got their eyes on some pretty good sized acquisitions? Hmmm...guessing that a market cap approaching $100 million must be their near term goal?

Neog will make the right deal(s) and we will make it back to the teens and beyond.

Steve, ya know you can't have it both ways. You ask management management to cough up investor information and they did by telling us about three possible acquisitions. But then when the deals fell through, as is not uncommon, you beat them up for telling us what was going on in the first place. It hurts us all by posting your frustration.

Did you also notice that a bunch of management's options could expire worthless, because of the stock price? Now I ask you, who has a greater incentive to get the stock price back to fairly valued? You or management?

P.S. If I were you I would be taking some of my sdix cards off the table. Don't get too greedy, you must have a nice profit, sell at least half.



To: Steve Lokness who wrote (357)9/10/1999 2:29:00 PM
From: Scott Ozer  Respond to of 441
 
ALBANY, NY, Sep 10 (Reuters) -- The number of people in New York infected by a potentially deadly strain of E. coli bacteria continued to rise Thursday, as health officials battled one of the worst recorded outbreaks of the disease in the United States.

State health officials said that there have been 497 unconfirmed cases of the E. coli O157:H7 infection, up from 159 cases Tuesday. So far 51 people have been hospitalized due to the E. coli infection, including 10 children listed in serious condition.

A 3-year-old girl died from the epidemic, believed to have started at the Washington County Fair in Greenwich, New York, on August 28-29. Her younger sister is in serious condition and is receiving kidney dialysis treatment along with the other nine children, all of whom have hemolytic uremic syndrome (HUS), a serious complication of the infection, the New York State Health Department said.

''What I want... is for people not to panic,'' New York State Health Commissioner Antonia Novello said at a news conference after she and other health officials examined the fairgrounds. She said that state health officials were working with dozens of health agencies in New York and in Vermont and Massachusetts, as well as the Centers for Disease Control and Prevention.

Officials suspect that people affected might have caught the bacteria from drinking well water at the fairgrounds contaminated by runoff from a nearby dairy barn. Investigators are still testing the well water, looking for a direct link between the victims and the contaminated water, and Novello said that they might have an answer in 3 to 5 days.

Health officials urged parents in the area to keep their children home if they have any symptoms of E. coli infection, including diarrhea and abdominal pain. The officials also warned people who attended the fair but have no symptoms to call their physicians and to stay away from overworked emergency rooms.