QDEL - Quidel more quick diagnosis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 25.37

+4.2%

11:19 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Leman who wrote (543)	3/29/1997 11:19:00 AM
From: Howard Schellenberg	of 1693

Late Friday I found out that in March Quidel sold $8 million in just strep tests in the US. Obviously, this is a blockbuster. I struggled with whether or not to share it with the group. I do not believe it is insider information, since it was given freely by a company employee without my asking. Since people on this thread are already shareholders I feel better about it. I have released this on the weekend will not give anyone the opportunity to trade on the news until Monday. Assuming I was not lied to, this means Quidel will probably earn at least $20-30 million dollars this quarter. Again assuming (and I may be wrong here) their fixed costs have not increased, they should have about $6-16 million in net profit as a result, which would mean .20-30 cents in per share earnings this quarter (I think they have about 27 million shares outstanding. Please, someone, check my and tell me I am wrong or right with my figures. I guess if I'm right, the stock will be at $20-30 dollars after earnings are announced. I don't know, maybe I am hallucinating.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next