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Biotech / Medical : Cor Therapeutics Inc. (CORR)

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To: Amy2D who wrote (278)11/10/1998 10:32:00 AM
From: aknahow  Read Replies (2) of 712
 
Called I.R. yesterday. Management is comfortable with analyst projections of $10 million in sales for 1998 for Integrilin.

I did not ask for sales projections but rather that they and or Schering release monthly sales. She said management is reluctant to do so. I said that insiders have access to these numbers and this information is important to the rest of us. Her response was that very few had access to this info. but she would mention my request. <g>

At any rate we are looking at about $6.3 million in sales for the last quarter. And Murphy might be correct in that you can get to this amount if you assume .9 for Oct. 1.8 for Nov. and 3.6 for Dec. This gives $6.3 for the quarter, which would total $10 for the year. This is based on forcing the numbers and not on any facts. Remember I do not know what Sept. sales were. And forcing the numbers to "prove" Murphy correct in his doubling comment means that Sept would have been lower than Aug.
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