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Biotech / Medical : CTEC: Cholestech any other investors? -- Ignore unavailable to you. Want to Upgrade?


To: jpmac who wrote (264)10/29/1997 6:38:00 AM
From: John Kratus  Read Replies (1) | Respond to of 710
 
The earnings consensus for this quarter was $0.02, and CTEC came in at $0.04.

I was expecting $0.05, but I didn't anticipate that R&D would keep increasing at such a rapid pace. Without the additional R&D, CTEC would have earned $0.07. Next quarter should be a very good one for the company with the new partnerships and expanded placements of LDXs.

We could see the high teens in the near future, unless WS was buying on the rumor and will sell on the news.

My prediction: The CTEC elevator is going. . .

UP!!!!!

Please step to the rear of the car, and good luck to all.

John