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Biotech / Medical
ABAX --- lots of upside
An SI Board Since June 1996
Posts SubjectMarks Bans Symbol
492 6 0 ABAX
Emcee:  Paul Jansen Type:  Unmoderated
ABAX -- Abaxis Inc.
currently at 5 1/2 should have a nice 20 % move to the upside - try
to buy at 5 3/8 and take your profits around 6 3/4,if you are a trader
or if you trust M.Murphy buy under 8 hold for USD 20.- !!

short story:

ABAX -- produces the Vetscan and the Piccolo two blood analyzer.
The Vetscan since 95 on the market,company sold about 400 so far,and Piccolo just got FDA approval to ship in the USA,Murphy from Technology Stock Letter anounced 10 days ago that they have a lage order from the US Navy coming in,for the Piccolo,the rumor is they are going to order 500 Piccolo's -- USD 11.000.- per pice,I know as a
fact,that the Navi tested the mashine and approved it.The Piccolo is basicly a very small blood test computer a small box 6,5 kg (13 pounds)which can performe a large variety of blood tests within 15 minutes and can be operated buy non medical personal.ABAX singed a large nettwork of distributors to sell P. all around the world !From the US with Baxter Int. to Japan Daiichi Pure Chemical C. to distributors in 33 countries around the world,all with a 100 Piccolo's per year minimum.

There is no competion for the Piccolo and they should be able to
sell to every military and every doctor making house calls and every
ambulance and every doctor without own lab in the world.And they make even more money in the long run buy selling the discs to perform the blood tests.

ABAXis lost money last year and will this quarter but the September quarter should be very good up to 8 mio USD in new orders should come in (without the Navy and any VetScan sales)The company is hiring like crasy 50% increase in the last 2 quarters and the two major shareholders are 10 % the GE-Pension trust (the largest in the world) and 10 % the Gotthard Bank in der Schweiz (Swiss) a very clever bank !

The companie's burn rate is USD 800.000.- month and they have no dept and about 8 mio cash on hand.

For more info call ABAX -- Ting W.Lu (CFO) at 408-745-6851

Discloser:I put my money where my mouth is and I am from Europe
excuse my spelling,please !

P.Jansen
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492 JC; I've been out of touch and don't have any further information regaDavid Bogdanoff-8/31/1999
491 David, Are you still on top of this one please? Please e-mail me... thx...Chartgod-8/29/1999
490 To all; check out quarterly earnings report; new revenue records set. Also, lDavid Bogdanoff-7/21/1999
489 Company Press Release Abaxis Launches VetScan(R) HMT Hematology Analyzer SUNNYburner-6/17/1999
488 Wednesday April 28, 9:02 am Eastern Time Company Press Release SOURCE: ABAXIS, burner-4/29/1999
487 This one came as a bit of surprise to me. I had heard about the need for haematburner-3/17/1999
486 Wednesday March 17, 9:00 am Eastern Time Company Press Release SOURCE: ABAXIS, burner-3/17/1999
485 YY; Thanks for the update on this company. I looked at it a couple of years aDavid Bogdanoff-3/16/1999
484 A recent article about a similar product. See link. iionline.comYo Yo-3/16/1999
483 D: Great news indeed, not only for the size of the order but also as confirmatDavid Bogdanoff-3/15/1999
482 The following press release was posted on Abaxis' newly updated website (wwburner-3/15/1999
481 To all; Quarterly report out today: sec.yahoo.com. Very odd that there are noDavid Bogdanoff-2/17/1999
480 Any mention of how the automated disk machine is doing? Looking through this Yo Yo-1/28/1999
479 You won't gain much from the conference call. Revenue growth will be slow. Richard Birk-1/27/1999
478 Y Lee, Here is a link to Yahoo--they have had a couple of investors comment on burner-1/25/1999
477 How did the conference call go? Is there a replay number I can call to listen tY Lee-1/25/1999
476 Conference call is Monday, at 9:00AM Pacific - 800-266-1767 Code Word ABAX. burner-1/22/1999
475 Have not heard a thing. I will be interested in Sales of units here and abroad,PACKRATCAT-1/21/1999
474 Matthew,, Have you heard any details on the conference cal yet? Dan burner-1/21/1999
473 Sorry group I was brain dead. Yes, I should have written about the Yahoo board.PACKRATCAT-1/21/1999
472 Pack, What is the website for raging bull? There is a relatively active discussburner-1/20/1999
471 I too entered too early due to CTSL. I have long since dropped MM and am doingPACKRATCAT-1/19/1999
470 RB: Profitability was considered dependent on a more efficient manufacturing syDavid Bogdanoff-1/18/1999
469 I've purchase this stock primarily because there has been heavy insider buyRichard Birk-1/18/1999
468 I'd say something if I knew something; ABAX is a holdover from my CTSL daysDGMontana-1/17/1999
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