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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 24.35+14.3%Nov 21 3:59 PM EST

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To: Howard Schellenberg who wrote (565)4/7/1997 3:11:00 PM
From: Robert Busse   of 1693
 
Howard,
Many of us don't have ready access to I/B/E/S so it would be very much appreciated if you would keep us posted. I saw the earnings estimate on the StockSmart site and I'm a bit confused. As you know, Qdel already has $0.10 per share in the bank for the first 3 quarters of FY 97. Their year ends 3-31-97, On that very date StockSmart began reporting "Current " year's earnings estimate as 0.22, when only the day before it had been 0.14. It now also reports next year's earnings estimate as 0.22. I can't tell if someone actually upgraded Qdel's 4th qtr earnings estimate to 0.12 (making an annual figure of 0.22) or whether the calendar just got ahead of the estimates on 4-1-97, the first day of Qdel's FY 98. I hope it's the former, but I suspect the latter. Oh well, anyway, someone is starting to take notice of Qdel if today's stock movement on no news is any indication.
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