Centocor ( CNTO ) Message Board

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Biotech / Medical : Centocor ( CNTO )

CNTO 0.00001000

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Mar 7 3:00 PM EST

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To: Sheriff who wrote (442)	12/17/1997 1:51:00 AM
From: Todd D. Wiener	of 965

Let's not forget that the lump sum payment that CNTO was expecting (~.30) will be received in 1998, when CNTO signs a deal. That means that although 1997 EPS will drop by .30, 1998 EPS will increase by .30. That means that CNTO should be able to post at least $1.25 in 1998, assuming the Street estimates are reliable. This is not a bad thing, assuming CNTO can find someone to work with. CNTO at $30 will be less than 25 times next year's estimate. That's the cheapest CNTO's ever been, by my account. Although I'm not eager to buy stocks in this market, I'm certainly a buyer below $35 tomorrow morn. Good luck fishing! Todd

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