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Biotech / Medical : Exactech (EXAC)

EXAC 49.25

0.0%

Feb 14 4:00 PM EST

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To: B.D. who wrote (20)	4/21/1997 12:40:00 PM
From: Steven Dopp	of 118

Sorry for the long delay in my posting. It's been a while since I've logged on. 1st qurter sales were up approx 20 percent and eps was 10 cents a share, l 2 cents less than the concensus estimate. I thought Seese (the CEO) had an adequate explanation for this slow-down. Also, Rueters has inaccurately reported that EXAC l1Q revenues declined by 20% from 1q 1996. Given this inaccurate information, yes, I think NOW is the time to buy. I've been loading up my portfolio with EXAC stock but am close to my limit (sigh). Look for a very strong 2nd quarter.

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