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

To: scaram(o)uche who wrote (511)	5/5/2002 10:01:11 PM
From: richardred	Respond to of 724

nor do I: except to play guess how low market orders will go, and take advantage of it. Those type of trader investors are quick to take a profit in these times of market worry. Reading to much into everything. The latest report was a perfect excuse to take a profit. Fear,take it or loose it. Unsophisticated investors usually don't short stocks. Over the last six months,the short position is almost non existent here. A measly 537 shares last month on an average volume of 35,000. Month Shares Short Avg Daily Volume Ratio* 04/02 537 35,437 0.02 03/02 222 38,971 0.01 02/02 1,638 23,895 0.07 01/02 1,867 9,633 0.19 12/01 824 7,824 0.11 11/01 320 13,438 0.02 A key statement-a higher-margin product mix resulting from the absence of lower-than-average margin sales of fully custom-engineered bioprocess equipment. Inventories increased in light of improved manufacturing efficiencies. We were guided, NBS' backlog of unfilled orders at December 31, 2001, stood at $10,381,000 versus $12,543,000 at the end of 2000. Last year's backlog included a significant amount related to the recently exited fully customized bioprocess equipment business. As we become increasingly efficient with our operations, we expect further declines in backlog moving forward. The disappointment might be over the increase in the current quarters inventory to 16,728 million. So long as the inventory can be booked at higher margins, this bode well going forward. Heck,at these prices I'll switch my HUF for NBSC long, and collect next aprils stock (presumed pattern) stock dividend. GITY RR