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Biotech / Medical : PLC Systems
PLC 30.130.0%Dec 14 4:00 PM EST
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To: K.C. who wrote (766)4/28/1998 5:21:00 PM
From: tuck   of 1202
 
Charger and K.C.,

Y'all are forgetting at least one thing: that since PLC has been operating at a loss for a number of years, they should have some tax loss carry-forwards to burn up. This mean the effective tax rate is going to be lower, the after tax EPS higher.

For the record, I am long at avg. cost of 17.35 and having fun playing rises and dips on covered calls. The volatility of this puppy makes the premiums amazingly high.

Good Luck to all, Tuck
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