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Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 27.38

-0.5%

12:59 PM EST

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To: Mike Relyea who wrote (365)	1/28/1997 10:17:00 AM
From: Robert Busse	of 1693

As` usual, Mike, you took the words right out of my mouth-the numbers certainly justify an upward revision in earnings estimates and projected share price by vankasper and principal and, hopefully, will encourage others to start following the company. There is a compelling story here. As we have been saying, there has just been too much good news piling up over the last few years to keep this company down. I would be happy w/ another 8 cents in 4th quarter and fy 97 earnings of 18 cents. I am also hoping for fy 98 earnings of 2,2,10,and 10 cents respectively (24 cents) for fy 98-I actually think these are rather conservative numbers if the strep a sales continue strong and H.pylori and P+G take off. Mike, I don't have the VK or Principal reports home w/ me right now- what are there quarterly estimates for fy98? BOB

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