OSTEOTECH (OSTE) Message Board

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Biotech / Medical : OSTEOTECH (OSTE)

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To: Johnnie W. who wrote (29)	9/11/1997 1:15:00 AM
From: Elvis Jones	of 141

Where did you hear about OSTE? I curious to learn who's buying this up, any price targets, anything! I guess it just leaves me wondering (though not complaining). I have been long OSTE for over a year. Hitting $21 this quickly surprises even me at this point. How high is up? I originally thought 30 times forward earnings (now $0.69). We are easily there. However, I noticed Zacks has listed an estimated 55% five-year annual growth rate. If I buy into the PE vs. Growth Rate argument, am I looking for $35-40/share. I don't have a clue anymore. This company is beautiful. The Grafton line probably handles any bone transplant needs both easily and effectively. And have over 1 million "cadaver bone" transplants without a confirmed passing of disease (a fear using cadaver bone). Another stock, a competitor, is Interpore International (BONZ). They are using sea coral as bone substitute. Interesting approach, but I still like OSTE better. Happily Long OSTE, Duke PS. Interesting Occupation you have!

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