QDEL - Quidel more quick diagnosis Message Board

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Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 27.38

-0.5%

Nov 28 12:59 PM EST

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To: Robert Busse who wrote (292)	12/27/1996 6:19:00 AM
From: Mike Relyea	of 1693

Bob, You're right about Safeplan. It could be a blockbuster someday. I haven't heard anything about it for a long time. The last I did hear was that Quidel was working on a Generation III version. An article in the 16 August 1993 issue of Business Week's Inside Wall Street column caused quite a stir. Quidel's stock traded about four times normal after it appeared. Scott Glenn was quoted as saying Quidel intended to beat Wall Street's earnings expectations for next year ''by a wide margin.'' It also reported that Glen expected European sales of Safeplan to hit $30 million the following year. Quidel issued a press release stating that the article compressed a range of possible sales and earnings into a best-case scenario. I'd like to know the latest about Safeplan. Let's hope its still got potential. Mike

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