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


To: mike boyajian who wrote (356)12/14/1997 12:36:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 710
 
Mike, Not sure of John's source (beyond investor's relations); .. The analyst's consensus estimate available through Yahoo was updated Dec 8th... showing $.47 share. quote.yahoo.com
If CTEC goes from $.15 to $.47 share, the implied growth rate, IMHO, would warrant a PE in the 50+ range (price target 24+).
BTW, my chart following is merely for the purpose of targeting further attractive entry points...I like to get the most possible for my money and I'd like to pick more CTEC.
The Jan 28 Conference Call should be most enlightening! dlo