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Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 25.37

+4.2%

11:19 AM EST

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To: Howard Schellenberg who wrote (556)	4/6/1997 10:32:00 AM
From: Robert Busse	of 1693

Howard, Glad you're back from vacation- I was gone for awhile too. Your numbers look a lot better mathematically now. If your revenue figures are correct (or close), 24 million -9 million = 15million; 50% of 15 million is 7.5 million, which when divided by 22.3 million outstanding shares = $0.33 per share. I still think the revenue figure is way too high but I do expect an excellent 4th quarter. I hope you and the others aren't too disappointed if they come in with a "mere" 10-13 cents per share quarter. Please read George Young's recent post wherein he says he "heard through channels" that Qdel reached its revenue goal several weeks before the quarter ended. Not sure of his source but, if it is someone other than your own source (or your prior post) it seems to offer some "independent" verification that Qdel had another blockbuster quarter, hopefully better than the 3rd quarter. I suspect companies set their "target" revenue goals quite high to give themselves something to shoot for. We'll see. Again, I am a long term QDEL shareholder and I've seen a lot of ups and downs. I think they have definitely ( and finally) turned the corner and I share your enthusiasm and as least most of your optimism.

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