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


To: milton who wrote (535)8/8/1998 12:06:00 PM
From: Joe Dancy  Read Replies (2) | Respond to of 696
 
VectorVest has this to say about BIOI this morning:

BIOI has a Value of $8.8 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth.

Hope they are right.

Joe



To: milton who wrote (535)8/22/1998 10:48:00 AM
From: Dowscanner  Respond to of 696
 
Recap of buyback program

BioSource Intl sets share buyback

CAMARILLO, Calif., Aug 17 (Reuters) - BioSource
International Inc. on Monday said its board authorized the
repurchase of up to 250,000 additional shares of company
common stock, continuing a buyback program begun last
year.

The current authorization runs for a 12-month period
beginning today.

From our perspective, there is no rational explanation for
the current trading level of the Company's stock," said
James H. Chamberlain, chairman,president and chief
executive officer of BioSource International, Inc."We
believe this represents an excellent buying opportunity and
we are acting on it to express our confidence and improve
overall shareholder value."

The Company has purchased all of the 1.2 million shares of
stock authorized by the Board since the start of the
program, at an average share price of $6.44. During the
quarter ended June 30, 1998, a total of 450,000 shares
were purchased at an average cost of $6.74 per share In
light of the recent price range of the Company'stock, the
Board determined to continue purchasing shares, which it
considers to be an excellent investment.