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Biotech / Medical : idexx labs(idxx) -- Ignore unavailable to you. Want to Upgrade?

To: Steve LaRiviere who wrote (182)11/15/1997 10:53:00 PM
From: george  Read Replies (1) | Respond to of 233
 
Steve,
Regarding inventory control, I believe that the story put out was that the distributors had an overstock of inventory....generally, my experience has been that distributors do not overstock unless the products are sold on a quaranteed sale basis....this could have been done to artificially boost earnings....I am just guessing.
What is your explanation?
Thanks
George



To: Steve LaRiviere who wrote (182)11/17/1997 8:01:00 PM
From: Raptech  Respond to of 233
 
Thanks, appreciate the info, your opinion and enthusiasm.

Holding a small position and considering to buy more, I ask myself.....
why? IDXX was trading at 50 about two years ago so why is it being punished, and when will it rebound, and is this the bottom and a good opportunity.

Went the opposite direction today which concerns me!

I am not challenging your belief in IDXX, only trying to justify mine!!

Rap


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