CTEC: Cholestech any other investors? Message Board

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Biotech / Medical : CTEC: Cholestech any other investors?

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To: mike boyajian who wrote (689)	8/28/1999 6:09:00 PM
From: Duane L. Olson	Read Replies (1) of 710

Mike, I've had better luck just calling the Company directly... other than when they are in the "quiet period" they have generally responded. You are probably right about the potential growth rate, with CTEC finding the number of avenues to pursue that it has demonstrated lately. My basis for doing the projection is whatever Yahoo Research offers for earnings and growth rate, with my own (assumed) market PE as the multiplier. The previous Yahoo 5-year growth rate had been 50% -- which generated some rather large numbers in the out years. Recently the 5-year growth number was switched to a 25% annual rate. So of course my faithful calculator came up with a lower number, and I assigned a lower PE, commensurate with that assumed growth rate. If --no, WHEN-- it turns out that you are correct, and CTEC starts running higher earnings numbers, give me a shout....I'd love to jack that projection up again!<g> How long did you hang on after that last peak, Mike? -- I got chicken and bailed, thank goodness. Doesn't the current run do your heart good? tso

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