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Biotech / Medical : ABAX --- lots of upside -- Ignore unavailable to you. Want to Upgrade?


To: burner who wrote (365)11/16/1997 7:15:00 PM
From: Yo Yo  Read Replies (1) | Respond to of 492
 
Have looked at many charts of many financial aspects of ABAX. The bottom
line is that their gross margins are really poor. ABAX has to
improve them.

To paraphrase James Carville(sp?).... It's the disks, stupid! They have
got to improve margins on the disks, they have to get to automated
manufacturing, then things will look better. How soon can they do it?

Analyzers are still 60% of revenues and will be significant for some
time. I doubt they will ever make much on them.

The past don't mean a thing.

The next quarter does not look good for analyzer sales. Round one of
Navy purchases is over, Mexico order has shipped, initial stocking in
Japan is done, veteranary market filling up, no big orders announced.
How many analyzers will they sell? It could be less than this quarter.

Anyone else have any thoughts?