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Biotech / Medical : neog - Neogen's E.Coli Test adopted by Japan
NEOG 6.050-3.9%3:59 PM EST

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To: Rich Genik who wrote (306)2/24/1999 11:05:00 AM
From: Kramer   of 441
 
This Friday is the end of neog's 3rd quarter. Anyone with expectations? The one analyst's (Roney) estimate has it down as 9 cents.

Considering the 36% tax rate, I would like to see enough growth to match last years 10 cents. ie: if we had been taxed 3rd quarter last year at the 36% we would have earned 6.4 cents and doing 10 cents this quarter would be over 55% EPS growth.

I'll be glad when we get this taxable transition off the books because the headlines will still read "Neog Earnings Flat", which to the uninformed will be taken as fact.
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