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


To: tom pope who wrote (483)5/12/1998 4:06:00 PM
From: Joe Dancy  Read Replies (1) | Respond to of 696
 
They are selling at about half the value they should be Tom, so BIOI would be a good acquisition. Also, from what management has said companies in this sector have been selling for much more than they are worth from an intrinsic business standpoint, and BIOI has not kept pace with competitor's valuations.

That said, the company will do much better for us as long term shareholders if they remain independent. I'm sure there is a reasonable explanation for any meetings, but please pass on any rumors (or e-mail me privately with your comments if you'd rather not post rank speculation here). As a shareholder with a large stake in BIOI I'd like to hear the line, even if it is unfounded.

Joe