RE:RE:TimberLowtoHigh wrote: A lot have been saying the same thing, but unfortunately there is a lot of people on this board that can't get past COVID testing. They think that is this company's future and saviour. Unfortunately people don't understand that testing will be just like masks and gloves and sanitizers...everyone will be doing it and margins will be thin. You just hope that the AI will break through.
Testing has a long way to go before being commoditized, and in the interim it's being provided by governments so lots of margin probably for a little while. I agree that rapid saliva tests, when widespread, will lead to a more commoditized scenario but that's a long way off I think.
I view Covid testing as simply opportunitstic and accretive to their earnings. Hopefully it works out and we see a nice bump from that sectors for the next few quarters.