QIAGEN (QGENF) - Star of Germany's Biotechs Message Board

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Biotech / Medical : QIAGEN (QGENF) - Star of Germany's Biotechs

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To: (no name provided) who wrote (20)	3/19/1997 8:24:00 AM
From: Zeitgeist	of 122

What a ride - but it seems that the price has stabilized at 32-34. IMO it can only go down from here ... However, I saw a lot of Qiagen advertisments lately and they are expanding into the PCR sector and it seems to me that they sell more and more equipment (at least I saw a big crate yesterday at the loading dock at the institution i work - maybe one of theit 'biorobots'). Also their catalog is getting heavier and heavier ... But there is a lot of competition in this sector - Plasmid prep kits will be qiagens primary market in the next years. And the extremly high P/E and the overall market situation - I hope that I am right and we see each other in the 23-26 price range in a month or two (maybe even lower after the next peak). It would be interesting to see what happens when they fall below the next earnings estimates (a free fall to 15 ?!). Good luck S

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