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Biotech / Medical : Biosource International -- Ignore unavailable to you. Want to Upgrade?


To: Bob Richmann who wrote (353)12/10/1997 2:53:00 PM
From: Steven Dopp  Respond to of 696
 
Insightful post, Bob. I appreciate your comments.



To: Bob Richmann who wrote (353)12/10/1997 5:05:00 PM
From: Joe Dancy  Read Replies (2) | Respond to of 696
 
You make a good point Bob on the lack of earnings growth and the European anchor around this company. Longer term I'm betting they will get their act together and earnings growth will accelerate - I expect to be around here with BIOI five years from now, from what I have seen I think the price will be much higher and the problems will be addressed. The earnings disappointments and stagnation may be why the price is where it is at - but once the momentum players start to jump in on increasing earnings watch out. With a book value of $3.70 or so we won't lose everything if we hit the wall.

Thanks for your take, your points are well taken.

Best - Joe