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Biotech / Medical : QGLY - Tech Talk, Innuendo, & Anything Goes

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To: Louis Cornell who wrote (3)10/5/1997 1:54:00 AM
From: shlama   of 53
 
<<The $30-35 target is based on the assumption that by the time the winter sales start to come in, the market will conservatively value next year's earnings at 20-22X $1.50 per share.>>

I also agree with these numbers but I think that there many, many variables that will determine where this stock is in the spring. The results of the clinical study, winter sales #'s, international distribution, and competition(or lack thereof) will be the determining factors of stock price in the spring....and if these are all postive than Mr. Lawson's #'s are probably right on target. This all IMHO.

shlama
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