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

To: Kramer who wrote (188)4/30/1998 12:06:00 PM
From: Steve Lokness  Respond to of 441
 
Kevin;
Does the USDA use only NEOG's test for e.coli?

NEOG may need to issue a release to get this stock moving again as it seems to be stuck at 10. The numbers you mention are great and then when you consider all the other things NEOG test for and add in their horsey business, it is hard to imagine this one not being a long term strong stock.

Still haven't seen NEOG mentioned in regard to this meat recall.

Steve




To: Kramer who wrote (188)5/17/1998 1:27:00 AM
From: Rich Genik  Read Replies (1) | Respond to of 441
 
NEOG Coverage (info from Yahoo)

# Brokers covering: 2
Both rate it as a STRONG BUY.
One broker issued an earnings estimate of 0.13 for the current Q.
Two issued estimates of 0.40 and 0.44 for the current FY.

I personally think fair value is around 13 (for PEG = 1) so I rate it a buy below 11.

Rich


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