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


To: Mason Barge who wrote (216)9/23/1998 7:49:00 AM
From: Thomas Kirwin  Respond to of 422
 
ReACT Potential

Mason,

IMHO - Immucor fully understands the potential of ReACT as Dominion Biologicals distributes the product in Canada via a contract dated April '98. There may be other uses for the basic technology utilized in this device. A quick review of Gamma Biologicals 10-K reveals that they have over 100 individual products and were working on new products that could also add to Immucor's bottom line.

Here is the link to Gamma's 10-K SEC filing dated June 29, 1998.

sec.gov

I agree that a money market account is a safe investment but it sure does not add value over the long term. Additionally, I believe that Immucor is utilizing some of Gamma's own cash to finance the purchase. They apparently did not have the full $25 million to invest. Don't forget the cash flow improvement. It is doubtful that Immucor will continue the dividend policy followed by Gamma. That's more cash! Our little company now has pro-forma revenues of nearly $60 million. The valuation of this company has improved based on this factor alone. The market seems to agree as the stock price sits at $10.00

Long & Strong Immucor!

Tom



To: Mason Barge who wrote (216)9/25/1998 7:45:00 AM
From: Thomas Kirwin  Read Replies (1) | Respond to of 422
 
Shanghai Blood Center Sales

I've located an article that provides a target date regarding Gamma Biological reagent sales to Shanghai Blood Center.

"We are negotiating the first large order for bulk reagents. We could begin limited product shipments from the joint venture as early as September."

amcity.com

Regards,

Tom



To: Mason Barge who wrote (216)9/28/1998 1:53:00 PM
From: Thomas Kirwin  Respond to of 422
 
Update Alert - President's Letter to Shareholders

Edward Gallup, Immucor President/CEO, has issued his September '98 Letter to Shareholders. Simply follow the link below to review.

immucor.com

Regards,

Tom