CTEC: Cholestech any other investors? Message Board

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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Alan C. Zezula who wrote (672)	8/9/1999 12:16:00 AM
From: Duane L. Olson	of 710

Hi, Al... First let me post some conference call highlights...with a tip of the hat to Funincolo from the Yahoo board...: Conference call highlights by: Funincolo 1487 of 1499 Conference call highlights: 1. Cassettes sales up 29% from prior yr 2. Over 300 LDX units placed 3. Positive cash flow from operations 4. 6 weeks inventory on hand 5. Inventory down 1.3 million from last yr 6. R&D down 15% from last yr 7. We will see some options exercised over next month which are expiring 8. Liver panel submitted to FDA - if approval will be marketed to POL before yr end 9. BUN test on hold-will update next conference call 10. Beginning program on data management for interface to LDX for patient info 11. Competition: Lifestream- CLIA waived - Total cholesterol only Actimed (SP?) FDA approved for total cholesterol only 12. Company looking for 30% growth rate yr over yr 13. Company looking for 15-20% net income as a % of Sales 14. Sales programs will focus on Consumer based/awareness 15. Bonuses paid in 1999 were accrued in 1998. No bonuses for yr 1999 Always nice to get some real info. tso

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