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To: CO who wrote (2236)1/29/1998 7:54:00 PM
From: Andrew H  Read Replies (2) | Respond to of 27968
 
OK, Cheryl. I believe they said that about a reverse split. They may or may not intend it in the future. I thought the call was good, but no really difficult questions were asked. Also when Ira was asked about the eps for next year, he just talked about revenues. I have no problems with that but did become concerned when I read from a poster on the thread that Myriad profit margin could be expected to be only 3%

My big concern is the acquisitions and related potential dilution. Ira said they expected to spend 12MM this year on acquisitions. It sounded to me like they would be paying for this in shares (altho this was not specifically said). At current prices this comes to 42MM shares. Now that REALLY frightens me. Let's say that