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Biotech / Medical : CLZR:a potential 10 bagger?

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From: brian h	1/3/2005 1:22:11 PM
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quotes.nasdaq.com Candela Furnishes Second Fiscal Quarter Financial Forecast WAYLAND, Mass.--(BUSINESS WIRE)--Nov. 8, 2004--CandelaCorporation (NASDAQ:CLZR) today reported that its present internal forecast range for the current quarter ending January 1, 2005 is approximately $28 to $30 million in net revenues, and its current estimated range of second quarter earnings per share is approximately $0.12 to $0.14. The Company undertakes no responsibility to update these forecasts at any time, and the forecasts are subject inherently to risks and uncertainties that could cause actual results to differ materially and adversely from those expressed here, including those mentioned below in the Safe Harbor Statement and in Candela's periodic reports filed with the SEC. Gerard E. Puorro, Candela's President and Chief Executive Officer, commented: "We and other public companies witness from time to time positive or negative price movements in our stock that can seem excessive when compared to actual financial performance announced. We think it relevant to report that we are not aware at this time of any undisclosed conditions in our markets or any other undisclosed material negative trends or factors impacting our business. Under current law, the Company may not and does not selectively provide guidance to financial analysts in the construction of their financial models or share internal Company forecasts on a selective basis with them or others. While we have generally preferred in the past not to publicly provide our internal forecast information because it is by its nature forward-looking and subject to various risks and uncertainties, we are doing so at this time and will continue to review this practice going forward. Of course the fact that the forecasts are internal Company forecasts does not necessarily make them any more predictive or reliable than estimates furnished by third parties."

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