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To: Thomas Kirwin who wrote (159)	8/22/1998 11:04:00 AM
From: Jim Cash	Respond to of 422

Thanks for the wonderful news on BLUD... You should work for their Investors relations department as you are doing as much good with that post as they have.

To: Thomas Kirwin who wrote (159)	8/23/1998 3:51:00 PM
From: technetx	Read Replies (1) \| Respond to of 422

The only objection I have about this type of analysis is that it is done by "looking in the rear view mirror" . It doesn't tell us anything we don't already know. But thanks for the info. It may help explain some of the heavy selling lately. ******** from report: "This ratio suggests that BLUD is overvalued. Growth to P/E ratio is a popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). " ********** BLUD's earnings are almost certain to increase from sales of new instruments . Blud's stock price has been declining i.e. future earnings have not been discounted in the present price and , in fact, the opposite has occurred...what's that all about ? Dominic