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

To: Alan C. Zezula who wrote (555)	7/7/1998 8:52:00 AM
From: samcat9	Respond to of 710

Fortunately for me, I did not own any CTEC ... when the price dropped drastically. I sold my remaining shares at 16+ a few days before the CTEC price decline, so I will not be doing any dollar cost averaging. As of today, I don't have a particular sell target for CTEC. My selling point will be determined by two factors: (1) the price at any specific time and (2) whether I need the CTEC money for some other purpose. I see CTEC as a bargain at 6 1/4 or 6 3/8. I do not believe CTEC will have an earnings disappointment for the next quarter, but I believe future lowered earnings estimates have been factored into the current CTEC price. If CTEC fails to meet the lowered earnings estimates, I believe it is very possible for the stock to be in the 5's again.