CLZR:a potential 10 bagger? Message Board

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Biotech / Medical : CLZR:a potential 10 bagger?

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To: Bob Davis who wrote (55)	7/30/1997 2:19:00 PM
From: Verkaylac	of 315

...Commenting on the fourth quarter's net loss, which Candela estimates to be approximately one-half million to one million dollars, Gerard E. Puorro, President and Chief Executive Officer, said: ``Once we saw that business at our LaserSpa(TM) skin care centers was developing more slowly than had been forecast, we began to address these disappointments much more aggressively. We have moved quickly to implement the necessary changes while bolstering our marketing programs. These steps should enable our Boston and Cairo skin care centers to be operating profitably by calendar year-end, with our Scottsdale facility moving into the black by the end of our current fiscal year.... ---------- Bob I assume they mean that they are spending more money on marketing. But there is no guarantee that this will correct the problem. Could be a huge sink hole. At 18 to 8 cents a share on trailing 12 months earnings and a 13 to 15 PE (once they release the q4 report), and prospects for even further income drain, what do you think is a reasonable price? 2 1/2?

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