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

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To: Jack Hartmann who wrote (167)2/2/2000 9:50:00 PM
From: Jack Hartmann  Read Replies (1) of 185
 
2/2/00 Prudential analyst report notes
- $31 for 12 month target price. Marie Conway and Prud have given two estimates in a row that were exceeded by CYTC.
- target based on 9 times 2000 revenues of 132M.
- Rated a HOLD.
- EPS for 2000 is 0.59E
- EPS for 2001 is 1.03E.

Note that CYTC has run up 30% in the last six weeks so that being conservative prior to earnings is not a bad strategy.
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