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Biotech / Medical : Biomatrix (BXM) Looking Great -- Ignore unavailable to you. Want to Upgrade?


To: Ted The Technician who wrote (482)11/29/1998 11:37:00 PM
From: Steve Research  Respond to of 569
 
re:next Q's sales.....I would have to think huge.

Last Q's sales were only with Synvisc being produced for a just a few days.

4Q98 should come in at .53 cents says Prudential.

Here is a perfect company:

Biotech, other products in the pipeline AND they are making money!

Buy the stock........




To: Ted The Technician who wrote (482)11/29/1998 11:43:00 PM
From: Steve Research  Read Replies (1) | Respond to of 569
 
1999 product sales:
According to Pru:

1999 product sales:they are supposed to sell 2 million syringes for product sales of $92.5 million, they have this market to themselves over the next two years with NO COMPETITION!

I am unsure of what they are looking for in product sales for 4Q 98.

Sounds like a Peter Lynch stock to me:

1- They earn money
2- earnings multiple WAY lower than growth rate
3- No competition
4- Huge demand for product.

A two bagger by end of 1999