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Biotech / Medical : Immucor

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To: Mason Barge who wrote (254)1/5/1999 5:53:00 PM
From: Thomas Kirwin  Read Replies (1) of 422
 
Twelve Month Stock Price Target

IMHO - Immucor will attain a (TTM) Trailing Twelve Months EPS of $0.50-$0.75 by December '99/January '00 which will result in a stock target price of $15.50 - $23.25 at the current pe of 31. Of course some irrational exuberance could push the stock price higher as momentum investors jump on board and analysts initiate coverage with buy recommendations.

Stock Price Formula - PE x EPS = Stock Price

The above projections and stock price target are based on prevailing and accepted valuation methods in use today by some of the top analysts. I encourage investors to conduct independent due-diligence and make their own investment decision.

Regards,

Tom
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