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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Alan C. Zezula who wrote (575)9/16/1998 7:18:00 PM
From: samcat9  Read Replies (1) of 710
 
I remain a CTEC advocate, but ...

a lot of others seem to have different opinions about the stock.

I researched CTEC in Marketguide, a free service to Ameritrade users:

ANALYST RECOMMENDATIONS

As of 9/10/98 4 Wks Ago

1 Buy
1 Hold 2 Hold

This is an improvement.

ANALYST ESTIMATES FOR CURRENT QUARTER

Mean $.07 Highest $.08

Same Quarter Last Year (1997) $.04

I readily admit there are some doubters out there. I have not liked some of management's decisions, but I expect the stock to rebound. I believe that it will not go up in value until after the next quarter's earnings are released, especially if ABMI beats earnings estimates.

FYI, I may not be buying any more CTEC now, but it is because I have more invested in the market than I feel comfortable with at this time. Everything is so volatile.

Please keep in contact.

SAMCAT
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