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Biotech / Medical : New Brunswick Scientific Co., Inc. (NBSC) -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (258)10/9/2001 9:14:07 AM
From: scaram(o)uche  Read Replies (1) | Respond to of 724
 
Iliquid piece of garbage, almost managed into the ground. It's been a trap for those of us who have gone near it.

Yeah, they're old, but their grandmother likes the ridiculous 10%/year stock dividend.

Every modern bio lab needs ultralow freezers. It's a sweet spot. I don't know about the quality, as (1) they're produced by a British subsidiary, and (2) I left labs/biotech before NBSC started to sell them. Yes, they have a competitive advantage (small footprint), but I don't know if that advantage is backed by reliability.

I recommend studying this TRAP for a good period of time before making any decision. Read the thread if you haven't done such, as there may be frosting (DGI) on this pile.

Final comment..... I've been saying for quite some time that this company is worth $15/share. During the last big rally, insiders actually made tacky little sales.

Report on bioterror coming up on CNBC. The need to prepare is real, and companies like NBSC should profit from it. But "should" is the operative word here, and this management team is rather frustrating.