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Biotech / Medical : Acuson (ACN)
ACN 248.44-0.7%Nov 3 9:30 AM EST

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To: Jim Fisher who wrote (46)12/28/1997 6:56:00 PM
From: Liatris Spicata  Read Replies (1) of 55
 
Jim-
Hope you make your goal, but don't bet the farm on it. on 12 Dec. 1997 Value Line (VL) printed their quarterly rating of ACN. VL said investors seem worried about ACN's abilty to compete. Although the 3Q earnings met expections, it took a lower than expected tax rate to achieve this. Sales fell below consensus estimates. ACN indicated ts Dec. period net may be $0.17- $0.22, below recent consensus estimates of $0.25.

VL thinks ACN will be able to hold its own in the ultrasound race.
For example, ACN recently replaced HP as Kaiser's sole source for cardiology u/s products. VL says ACN shares have good appreciation potential, but they would wait until the current period's results are in before buying. VL had a positive assessment of ACN's new prodcuts, and they maintained the 3 rating for both Timeliness and Safety.

Does anyone have a breakdown of ACN's sales in Asia? I'll go way out on a limb and say that anyone counting on big sales to Korea in '98 is going to be disappointed.

Larry
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