Tasco Holdings International Rated 'Outperform,' Target $6.00 By Beacon Equity Research
Posted on: Wednesday, 26 July 2006, 09:01 CDT
Tasco Holdings International (OTCBB: THII) has been rated "Outperform" with a target price of $6.00 by Beacon Equity Senior Research Analyst, Kris Goldcross, CFA.
The full report is available at http://www.BeaconEquityResearch.com
In the report Mr. Goldcross writes, "The Company is engaged in the cryogenic storage of non-controversial stem cells and the development of medical devices used in live tissue transfer and stem cell research. Additionally, the Company has developed 192 disposable instruments for use in plastic surgery, tissue management and stem cell research. The company plans to commercialize these instruments to plastic surgeons and patients to efficiently help store stem cells.
"Since currently the company has significant exposure in the stem cell banking operations, we have compared the market value of Tasco with other major operators in the industry including Cord Blood America (OTCBB: CBAI); Viacell, Inc. (Nasdaq: VIAC); StemCells, Inc. (Nasdaq: STEM); Aastrom Biosciences, Inc. (Nasdaq: ASTM); Geron Corporation; Regeneration Technologies; Cryo-Cell International, Inc.; and Thermogenics, Corp."
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Tasco Holdings International (THII). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated seven-thousand dollars by a non-controlling third-party shareholder of Tasco International for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Anyone interested in receiving alerts regarding Tasco Holdings International research should email members@beaconequityresearch.com with "THII" in the subject line.
Source: Business Wire
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