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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: vestor who wrote (930)3/24/1999 10:11:00 PM
From: Thure Meyer  Read Replies (1) of 1837
 
The overall market in the US is $2-billion plus with annual projected growth rate of 15% (given that a lot of baby boomers are coming on-line), but this information is available in the news item.

If 20% does happen in 12-18 months, that translates into a cool 400 million in revenue. Of course all of that would not be Durameds since they couldn't handle the marketing part and will be working with partners. But the great news is that the Duramed float is less than 20 million shares. Think of that. I don't really want to speculate, but if they get $5-10 earnings per share at at conservative P/E of 15, then we are looking at a real gusher.

But, lets wait for the opening. The next phase will be to analyze longer term prospects. If I can hold off selling your shares it may be the best investment I ever made.

Thure
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