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Biotech / Medical : OSTEOTECH (OSTE)
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To: majormember who wrote (124)6/29/1999 8:06:00 PM
From: ron forgus  Read Replies (1) of 141
 
- Osteotech Inc. OSTE.Comfortable with Earnings
on Tuesday that an "incorrect" profit warning posted to a
financial chat room on the Internet sparked a two-day drop in
its stock price, but it confirmed it was comfortable with
current analysts' estimates of $0.95-$0.98 earnings per share
in 1999." said Michael Jeffries, chief financial officer of
Osteotech. "(The individual's) speculation about the impact
here is totally incorrect"
The company said it remains comfortable with analysts'
consensus view that it will earn $0.95 to $0.98 per share in
1999 on sales of $80 million to $83 million.





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