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

To: Bob Zeleznik who wrote (215)3/5/1998 10:54:00 PM
From: Whiskey  Respond to of 828
 
Bob,

In there press release they were very happy with the acquisition of the new company and there plant overseas. I bought in just recently as a hedge against the asian deal. Since I have bought in the stock has gone down. Maybe I should get out and let the others make some money. I thought the split would really move this stock since it has been doing so well in the past.

Not much input that will help but glad to see a little life on the thread.

Whiskey



To: Bob Zeleznik who wrote (215)3/6/1998 12:42:00 PM
From: Beltropolis Boy  Respond to of 828
 
>Does anyone have a better idea of how much of an impact the lower
>construction/development costs will have on Safeskin's bottom line?

not in dollars and cents, but as you may know, their production costs are 40% cheaper in baht than riggets. in addition, according to value line, safeskin should realize immediate cost savings by building their own latex concentrate plant vice outsourcing.

fwiw,
-chris.


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