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Biotech / Medical : Sterigenics (STER) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen L. Smith who wrote (66)	2/16/1999 2:22:00 PM
From: Rich Genik	Read Replies (1) \| Respond to of 88

Hi Kevin, I don't understand the regulatory difference between the December 1997 decision, and the one released last week. I thought this had been approved. Did they change the regulation significantly? IBP commented that they would most likely build an in-house electron beam facility. From their comments in the WSJ, they didn't appear to want to sub-contract out the operation. Still, STER could build and service the facility, if they win the contract. It would seem to me that this is why we haven't seen a huge pop in these stocks after the announcement. Irradiation of food, IMHO, is a slow and steady growth business. STER does a good job and makes a good profit in medical devices. I hope they don't neglect that business chasing the food industry. back to work.... Cheers, Rich