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Biotech / Medical : BICO & VITK -- Ignore unavailable to you. Want to Upgrade?

To: Money Maker (MM) who wrote (1798)	7/8/1998 6:20:00 PM
From: Ron logo	Respond to of 2395

Good post money maker, Notice that later in the day almost no sellers?? The chart was consistantly on the upper portion of the spread. I mean that the stock is printing offers a lot more than the bid. Look foward to holding bico also long term.............RON

To: Money Maker (MM) who wrote (1798)	7/9/1998 12:14:00 AM
From: Tom R. Jones	Read Replies (2) \| Respond to of 2395

MM, For BICO to realistically hit $5 a LOT would have to happen. BICO currently has 200 million shares issued. Assuming no increase (VBG), in order to realistically hit $5, BICO needs a per share profit of 10 cents per share. That would give the company a PE of 50. 10 cents per share is 20 million in profit. Assuming that BICO sells 2,500 units at $8000 each, total revenue would be 20 million. This is far short of the goal of a 20 million profit. I've seen the Indiana facility and I don't think that BICO can realistically produce 2,500 units in a year. Even if they could produce 2,500 in a year's time, there is no way of knowing if the consumer market will buy the machine for that price tag. The machine is not practical for a doctor's office so that market is basically closed. Also, I've been told that the machine is not reliable so that finger pricking is still necessary. $8,000 is a lot to pay for a machine that one cannot rely on 100%. I'm interested in your take on all this. Best wishes, Tom