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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 28.14+5.8%Nov 25 3:59 PM EST

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To: Mike Relyea who wrote (379)2/2/1997 7:12:00 PM
From: Howard Schellenberg   of 1693
 
Mike:

I think you might be right. I remember watching CYAN do nothing for months after a good earnings report. I just kept buying more and more stock at like $1.50/share and thinking I must be mad.

But then they had another good quarter and all of a sudden the stock was at $7/share almost overnight. All it took was that second quarter.

BTW, I saw in two interesting articles in today's (mon) investors business daily. One was on Epitope....a company with NO earnings, MORE shares outstanding, only one test (HIV saliva), and trading at $13/share after falling from $22. Makes QDEL seem like a steal.

The second thing I saw was the earnings estimate for QDEL is still only .11 for the next 12 months. They must be crazy! I think QDEL will probably earn at least .30 in the next 12 months, but most probably .08 .06 .10 .12, or something like that.

As so many others here have said.....we are sitting on a possible 10-bagger here over the next 12-24 months. I just hope I can free up enough cash to make it work. Still sitting on heavy losses in Japan.
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