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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (186)	4/29/1998 11:52:00 PM
From: Kramer	Respond to of 441

The USDA uses neog's test. I'm kind of hoping that neog will take advantage of this fact and issue some kind of press release tomorrow.

To: Steve Lokness who wrote (186)	4/30/1998 12:17:00 AM
From: Kramer	Read Replies (2) \| Respond to of 441

Also, if you were IBP and you had been using some other test or not testing at all, and the USDA used neog's test, wouldn't you consider using neog's test in all of your plants? Do the math: For just this one customer that has 40 plants. I don't know how many test kits a plant would use but suppose they ran three shifts and tested once per shift, that would be 120 kits a day or about 43,000 kits a year. I think the profit on a kit is about $4 or $5 each. That makes a total of $193,000 or over 3 cents a share in profit for this one customer. Now that sounds pretty good to me. Gee, just think if they used more than 3 kits per plant a day? And again I say this is just one customer! Best Regards, Kevin