Ocular Sciences (OCLR) Message Board

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Biotech / Medical : Ocular Sciences (OCLR)

OCLR 8.260

0.0%

Dec 10 3:00 PM EDT

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To: EyeDrMike who wrote ()	5/20/1999 4:18:00 PM
From: Alan Villalon	Read Replies (1) of 36

I posted the following message in the cup and handle forum: I too have made some good money with the cup and handle formations in the past. I scan IBD daily to see if any charts have that pattern and then examine the underlying stock (because in the end I'll be owning the company not the chart). Anyway, chart and fundamentals look good for OCLR. bigcharts.com I see that this cup and handle actually is quite extended (started on July '98 - May '99). Fundamentally, the company has little LT debt (2%)and mgmt owns 34%. Zacks has a Strong Buy rating and they have beaten estimates the last 6 quarters. Earnings growth is estimated around 24-28% and current PE is 24. Comments?

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