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Biotech / Medical : CHTT - Chattem Inc

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To: Julius Wong who wrote (1)1/23/1999 4:02:00 PM
From: Ricardo Bekin  Read Replies (1) of 9
 
well hmmm let me see (cough cough)

On the one hand I bought it at $46.50, and I though it was a good buy then, so yes, at $37.75 it is terrific, I LOVE it!

On the other I had thought they'd meet or beat their numbers for the quarter. 31 cents versus 35 cents expected does not sound that great. I wonder if the .35 was before or after the loss on product divestiture. Maybe they did hit their estimate and the market is "over-reacting" (is there such a thing?). Q4 is usually weak for them. Sequentially the comparison is bad, but y-o-y it still looks good. I haven't yet listened to the conf. call, I'll probably go do it now. Yea, I guess I still like it... but I am frequently wrong!

Ricardo
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