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Biotech / Medical : Lukens Medical
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To: set who wrote (8)5/1/1997 8:32:00 PM
From: John H.   of 55
 
I wouldn't worry about the 42 cent target - that is in the bag - the company is already on record with 45-50 cents and $13-15 million in revenue and since then they have gotten a patent for a disolvable suture which will be VERY accretive to earnings and they have announced 2 acquisitions which will also be accretive - I think you should be thinking in the 50+ cent range and hopefully much higher - and you are right - the stock is very cheap - I know the company is working on sponsorship from Wall Sreet - and when that comes it should move the stock appreciablly.

Good luck!!
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