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Biotech / Medical : BJCT-BIOJECT-needle less injection product -- Ignore unavailable to you. Want to Upgrade?


To: John Crovelli who wrote (334)11/10/1998 11:30:00 AM
From: GREG FINLEY  Read Replies (3) | Respond to of 534
 
Absolutely right. And the only way we're going to get volume again is by way of news. And the only way they're going to announce news is if it is a written, signed, done deal. You know, I keep thinking about how great this is going to be when it DOES happen...and frankly, it's mind boggling. I just hope I can keep faith long enough...(I CAN!).
When this company starts making money...when the enormity of these technologies hits the market place and the dollars start to follow...I think we could be looking at a company selling at 50 to 100 times earnings, EASILY. But, realistically, that is 3 to 7 years down the road. In the nearer term, I see $4-$10 per share by this time next year...basing that OPINION on projected $.09 earnings next year, plus some hope that there will be more alliances announced, and firm figure income from the ones that exist. Once this company starts to make money, who knows how the street will perceive it's long term potential.
Anyhow, have a good day.
Don't get caught up in day trader hell with this stock. It is strictly a long term, high risk/reward situation. (I prefer to call it low risk/great reward!)
Always,
Greg