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Strategies & Market Trends : CYTC - How High Can It Go!

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To: Jack Hartmann who wrote (162)1/16/2000 8:23:00 PM
From: Jack Hartmann  Read Replies (1) of 185
 
1/15/00 Multex report on CYTC has some monster EPS jumps predicted. 1999 EPS is 0.21E, 2000 is 1.29E. 1998 was (0.66). Past sales were interesting too. 26M in 1997, 44.3M in 1998, and a whopping 71.0M in the last 12 months. No LT debt and a positive net income in the last 12 months.
Rated a buy/hold (secong highest) by the nine analyst Multex used. Earning and revenues of a hot internet company. This one should be $100 easy in 2000.
88% institutional owned per insidertrader.com
Shares outstanding is only 18M with a float of 12M. With this much institutional demand, a secondary offering would be snapped up by them instanteously.
Jack
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