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


To: Mason Barge who wrote (320)5/8/1999 9:54:00 AM
From: Thomas Kirwin  Read Replies (1) | Respond to of 422
 
Accretive to Earnings!

Mason,

<<On the more important front, I have a nagging question about the debt the co. has incurred for the acquisitions over the past year. Doesn't this worry you at all about earnings?>>

The company has stated time and time again that all acquisitions "should" be accretive to earnings. I find no evidence that suggests otherwise.

My greatest fantasy is that Immucor will be involved in a bidding war between Abbott Laboratories, Biotest, Diamed and Hewlett Packard's new instrumentation spin-off. Other potential suitors include Elmer Perkins, Serologicals, and Johnson & Johnson. This is getting exciting!

Best O'Luck!

Tom