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


To: Joe Dancy who wrote (528)7/17/1998 10:44:00 PM
From: milton  Read Replies (2) | Respond to of 696
 
Joe Dancy
Does this mean that 20X or 30X we are looking at $10 to $15? What do you think?



To: Joe Dancy who wrote (528)8/22/1998 10:53:00 AM
From: Dowscanner  Respond to of 696
 
Thoughts about earnings for next few quarters.

The accelerated research and development investment will
allow BioSource International to introduce two new product
lines in the second half of this year, including a family of
reagents and test kits to study apoptosis, and a line of bulk
reagents or researchers designing quantitative human
cytokine assays," said James H. Chamberlain, chairman,
president and chief executive officer of BioSource
International. "We're excited by the market potential for both
product lines and believe they will generate profitable new
revenue in 1999 that will more than offset the incremental
R&D investment."

June 6 1997 Chamberlain noted that approximately one-half
of the Company's sales revenue is generated in Europe,
and emphasized the Company's belief that the shortfall is
primarily the result of exchange rate differences.

Does anyone know how the exchange rate has changed
since June 97?

Sales in Europe are typically slower in summer and therefor
may have less impact on next quarters earnings when
compared yr/yr. Slower summer sales will have a negative
impact on earnings when compared last quarter to next.