Utah Medical (UTMD) Message Board

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Biotech / Medical : Utah Medical (UTMD)

UTMD 58.10

+2.7%

Oct 31 9:30 AM EDT

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To: Clouseau who wrote (17)	10/18/1996 10:57:00 AM
From: Steve Stuart	of 56

Dave, There's now a new Crescent page for UTMD if you're interested. It gets updated once a quarter, after earnings announcements, unless big news hits in the interim. It's a little bit less optimistic than it was three months ago. I'm now guessing that earnings will be fairly flat for '97 as the company keeps dealing with the drop in Baxter revenues. Growth in other products was a little smaller this quarter than I had hoped. I agree with you that it will take some time to recover the growth rate of 15-20% or so that their profitability can support. It's still selling for a bargain basement price, though. I don't follow Research Medical, but will look into them. Any pointers? I'll follow up by email on the other questions, so as not to clutter up the board. -Steve

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