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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Duane L. Olson who wrote (355)12/14/1997 10:35:00 AM
From: mike boyajian  Read Replies (1) of 710
 
Duane,

Hopefully it won't drop below nine and I don't beleive it will unless next QTR's numbers are below $.04. With a current PE of 275 there is a lot of "future" built into the current stock price.

Approvals of any other panels from the FDA or the CDC CLIA waiver on the Renal panel may give it a small bump or at least keep it from drifting back down.

I recently bought more shares at 10.375 forcing my average up.

I'm looking forward to 28 JAN 98 for the conf. call.

Have you seen any revised analysts numbers that John had mentioned? Everything that I have access to is carrying the same .34 to .60 for FY 99.

Mike
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