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Biotech / Medical : Exactech (EXAC) -- Ignore unavailable to you. Want to Upgrade?

To: B.D. who wrote (57)	1/1/1998 9:16:00 PM
From: Robert G. Harrell	Read Replies (1) \| Respond to of 118

Here is the latest from my Zack's overnight service. It is interesting that in spite of lowering their earnings estimates, Southeast Research has raised its recommendation to strong buy. They must believe that things are back on track. An engineering prof friend of mine who holds a small position in Exac and knows one of the key people in the company, said that he was assured by his friend that things were on track. EXAC: SOUTHEAST RESEA decreased estimate for fiscal year ending 12/97 from $0.37 to $0.32 on 12/22/97 EXAC: SOUTHEAST RESEA decreased estimate for fiscal year ending 12/98 from $0.50 to $0.40 on 12/22/97 EXAC: SOUTHEAST RESEA decreased estimate for quarter ending 12/97 from $0.10 to $0.09 on 12/22/97 EXAC: SOUTHEAST RESEA made new estimate for quarter ending 03/98 of $0.11 on 12/22/97 EXAC: SOUTHEAST RESEA made new estimate for quarter ending 06/98 of $0.11 on 12/22/97 EXAC: SOUTHEAST RESEA made new estimate for quarter ending 09/98 of $0.08 on 12/22/97 EXAC: SOUTHEAST RESEA made new estimate for quarter ending 12/98 of $0.10 on 12/22/97 RECOMMENDATION CHANGES: EXAC: SOUTHEAST RESEA changed recommendation from Hold to Strong Buy on 12/22/97 Happy New Year and Go Gators!! Next year should be better for Exactech and the Gators. Bob P.S. From $.32 to $.40 is a 25% increase. If the market gives us a P/E equal to growth, we have a $10 stock.