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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Alan C. Zezula who wrote (659)7/28/1999 9:28:00 PM
From: Duane L. Olson  Read Replies (1) of 710
 
Well, Al the numbers came in -- and better than I expected! Five cents a share, vs negative 5 cents last year... :
biz.yahoo.com
Earning at a rate of $.20/year, would project a price of about six bucks a share, using a PE of 30. There are several possibilities for incremental earnings increases.
BTW, I received a couple of copies of the annual report. And, to give the folks we have been criticizing some credit, I think they did a good job on the Report. Both the tone of the report and the amount of information were better than anticipated. Enough to let me consider a longer term investment than I was contemplating. This might be a survivable company with a viable product! Gadzooks!
Looks like we have some sellers on the news, but we just might see a bit of an increase going in tomorrow. Whatcha think?
tso
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