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


To: David Bogdanoff who wrote (413)4/2/1998 4:38:00 PM
From: Patrick A. Kelly  Read Replies (2) | Respond to of 492
 
What web site? What (public and widely distributed or current) information? "I know nothing!" Col. K.



To: David Bogdanoff who wrote (413)4/2/1998 4:45:00 PM
From: Yo Yo  Read Replies (1) | Respond to of 492
 
David,

I hope you and others can take my comments with a grain of salt.
I am not knocking the company, just the current valuation.

I want to buy a bunch of this stock. I just want to get a
real good deal on it. Right now, I think it is pretty fairly
valued. If Coffin is successful pumping up the price a bit, it
will serve ABAX well for the long run. Bottom line is still to
get market penetration and positive cash flow.

Hemagen (HMGN:Nasdaq, $1 1/4) is currently doing due diligence
on purchase of the Dade-Behring unit which they say IS profitable
and currently has the lowest cost consumable. Their stock is
getting beat up in part because of the uncertainty of their
imminent purchase.

Yo Yo