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Biotech / Medical : CLZR:a potential 10 bagger?

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To: John McCarthy who wrote (92)1/16/1999 6:27:00 PM
From: Musti   of 315
 
If your EPS is correct, the stock deserves to be $40+ / share overnight. You may be quite high on EPS -- just a guess. I will be VERY HAPPY with 22c to 23c / share, and would expect continued quarterly sales and EPS gains -- which should eventually push Candela Laser to a much more reasonable $25 / share. The only trouble I have with Candela is it seems nobody wants to sell any shares -- if I try to buy 1,000 shares, the bid/ask bumps up a quarter at least. So, all one can do is buy whatever is available when the shares are there on the ASK and slowly accumulate a reasonable position. I feel that purchasing up to $18 - $22 / share will reward me plenty.
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