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Biotech / Medical : Biocontrol Technology - BICO

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To: Tigress who wrote ()12/31/1996 9:12:00 AM
From: Henry Niman   of 19
 
Tiger, BICO is one of the few "biotech?" companies I love to hate.
I don't consider them I Biotech and I won't go into detail on my
opinions. However, their preparation for their last FDA was "poor"
at best (they presented data on an out-dated machine that frequently
didn't work and produced "believable" data on a small percentage of
patients generated under laboratory conditions). About the only good
thing I can say about them is their ability to bring their share price
below $1 which I predicted when they made their last FDA presentation.
I have no BICO position although I occasionally remind investors that
BICO certainly doesn't behave like research oriented Biotechs.

Henry
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