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Biotech / Medical : Immucor
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To: Thomas Kirwin who wrote (234)10/16/1998 12:19:00 PM
From: Mason Barge  Read Replies (2) of 422
 
Tom, do you have any thoughts on expected profits this quarter? I remember Gallup saying that they projected sales of one ABS2000 every two weeks for six months or so, which would translate to roughly $300K in gross profit, or maybe $.04/share (correct me if I'm off base). Is 11 or 12 cents a share too much to ask for this quarter? With a trailing PE lingering around 30, it would seem that the market has already discounted at least this degree of earnings growth into the stock.

Any thoughts?
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