John, we are working our way up the ladder... Any reason for the stronger move in CTEC today? We see no new news... although the publicity about the selection of CTEC for PGA and Senior PGA screening might have caused some analysts to go back and review the 10Q's, etc.
Things like QUOTE Domestic revenues increased $5.5 million (68%) to $13.6 million from $8.1 million in the first thirty-nine weeks of fiscal 1997.
The increase in domestic revenues reflects a continuing unit increase in sales of the disposable test cassettes and the Cholestech
L*D*X(R) System to hospitals, managed care organizations, public healtH departments, corporations, physician office
laboratories and other health care providers in the diagnostic screening and therapeutic monitoring markets. As of December
26, 1997, the Company had shipped approximately 3,000 Cholestech L*D*X Systems into the physician office laboratory
market.
During the thirteen weeks ended December 26, 1997, international revenues increased $566,000 (249%) to $793,000 from
$227,000 in the thirteen weeks ended December 27, 1996. During the first thirty-nine weeks of fiscal 1998, international
revenues increased $790,000 (88%) to $1.7 million from $900,000 in the first thirty-nine weeks of fiscal 1997. The increase in
international revenues reflects continued product demand in the European market. International revenues as a percentage of
total revenues increased to 14% during the thirteen weeks ended December 26, 1997 from 7% in the thirteen weeks ended
December 27, 1996. The increase in international revenues as a percentage of total revenues reflects product demand in the
European market. The Company expects that international revenue will decline as a percentage of total revenue in future
periods, although the absolute dollar amount of international revenue may continue to increase from period to period, as the
Company continues to increase sales and marketing efforts in the United States.
Do you suppose the lack of exposure to Asia, along with explosive percentage growth into Europe has attracted some new fund support, John? Any thoughts appreciated.. Duane |
