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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 21.36-3.7%Nov 14 9:30 AM EST

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To: Randy Atkins who wrote (1082)8/29/1997 11:28:00 AM
From: Ambrym Man   of 1693
 
Stay the course. You have toughed it out the last few months.
Think of:
This years estimate .18 per share x 30 = $5.40 (FY1998)
Next years estimate .32 per share X 30 = $9.60 (FY1998)
If company meets goal of 20 to 25% growth
Fiscal 2000 at least .43 per share X 30 = $12.9 (FY2000)
It would be easy to argue for replacing the 30 with a 40,
then the numbers would look even better.
Don't forget some institutions can not buy stock under $5 and very few
brokerage firms will recommend them.
I think I have figured out why the insider sold the small amount
in August. Nothing sinister.
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