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Biotech / Medical : Molecular Dynamics

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To: Dr. Id who wrote (126)	4/24/1998 1:32:00 AM
From: Richard Haugland	Read Replies (1) of 153

Any ideas of what might move this stock? (and I mean UP!) There was a report on MDYN in Genetic Engineering News of April 1 wherein Jay Flatley (#1 at MDYN) was quoted as saying that he "anticipates revenues of $65-$70 million and earnings of $0.55 per share" for this FY (apparently versus $55.7 million and 43 cents the past FY). HOWEVER, note that this was published April Fools day! Today's price performance was certainly not very good. Flatley was also quoted as saying "The company remains debt free, with cash and securities balances that exceed $20 million." The estimates for this Q in Yahoo are 11 cents, and 58 cents for the year. I don't know when MDYN reports but expect it to be some time next week since it reported last on January 30, 1998. What it will take to move the stock could be new products because MDYN is getting a lot more competition now in its scanner business.

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