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Biotech / Medical : Immucor

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To: Sidney Merle Foster who wrote (101)7/8/1998 8:33:00 PM
From: Thomas Kirwin  Read Replies (1) of 422
 
Stock Price Prediction

Sid,

Previous stock price guesstimates have pegged Immucor trading between $20.00 to $28.00 per share. Message 5112947 These predictions were all made prior to the addition of Dias Plus, ROSYS Plato, etc. to Immucor's product line.

IMHO - The $20.00 to $28.00 target price range predicted earlier is achievable within the next six (6) months if sales announcements are made, analysts initiate coverage with buy recommendations and quarterly eps indicates a growth rate of 20% per year. As these events occur, and I believe that they will, my stock price target will be adjusted upward.

I am looking forward to reviewing the upcoming earnings release as I suspect that insights or management guidance regarding initial orders of the ABS2000 may be forthcoming.

Regards,

Tom
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