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

To: Tom Jordan who wrote (421)	4/7/1998 8:02:00 PM
From: burner	Read Replies (2) \| Respond to of 492

Spoke with CEO today: -just back from Europe where he was assisting new person responsible for sales -focus on factory now -Jackson Hole is a more specialized IR firm and will replace Coffin; they have conducted an analysis on ABAX; sorry I forgot to get contact for firm--maybe someone can help out here -Navy satisfied with electrolyte development -Army undergoing an evaluation of PICCOLO from an operational standpoint -Electrolyte panels: completed feasibility and development; R&D wanted to manufacture 8000 for clinical trial but CEO insisted customers orders be filled first; Clinical trials not essential for panels but company wants to do them -CEO said " company has more business than they can handle" - company doing an internal review right now and IF financing is deemed advantageous he is inclined to do a PP at PREMIUM to market and not engage in debt -he feels there is NO competition and that IDEXX has 18 year old technology -forget about Michael Murphy--the company has no desire to associate with MM---boy do I agree with that! -company will establish a website run by the present Documentation Control Specialist and this will happen within the next 12 months -IMHO I "feel" that something is brewing in the company Regards to all, Dan Byrne