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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Thomas Kirwin who wrote (599)1/24/1999 9:08:00 PM
From: Duane L. Olson   of 710
 
Good site info. For the research on (earnings, etc) projections, Yahoo again is pretty good:
biz.yahoo.com
Calling $.35 for next year (Mar00)...with 50% annual earnings growth for the following five years.
Am currently not in CTEC, because I have not been able to figure what is going on... but if they meet the targets, the price should be more end up, five years out, at something over a hundred (PE of 40).
Math for that is: 35 cents at 50% compounded for five years yields
(.35 X 7.59375) = 2.66. 2.66 earnings at pe of 40 equals 106.
Worth watching...and trying to determine that CTEC has it's act together.
thanks to all who have shared their thoughts!
dlo
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