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Microcap & Penny Stocks : lcav
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To: Commando who wrote (686)5/1/1999 12:27:00 PM
From: RockDoc  Read Replies (1) of 942
 
I haven't given alot of thought to possible acquirers. BOL and JNJ come to mind. I think $20 by year end is a stretch. But I thought it would take 2-3 years to recover from management's blunder over the possibility of a reverse split fiasco. The key indicator will be the number of procedures performed. Since variable costs go down considerably as procedures increase, net revenue will go UP. If LCAV can continue to increase number of procedures at the current rate, anything is possible. If institutional investors start noticing the industry, and LCAV in particular, we will have a great year. I'd be thrilled if we were at $14 or $15 bucks by year's end and double that by the end of 2000 (unless there is an acquisition in which case all bets are off and the sky's the limit).
Joe, what do you think?
The ROCKSTER
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