SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : SAFESKIN -- Ignore unavailable to you. Want to Upgrade?


To: Robert Lawkins who wrote (665)3/11/1999 6:16:00 PM
From: Suma  Read Replies (1) | Respond to of 828
 
That is what helps an optimist amongst us.

I certainly hope that you are right. If so the stock my only
go to 10 and not 6 as another poster has speculated.

Suma



To: Robert Lawkins who wrote (665)3/11/1999 11:42:00 PM
From: Beltropolis Boy  Read Replies (1) | Respond to of 828
 
>Well, a $25 million shortfall in sales at a 50% margin would reduce the net by about $12.5 million which would be about $0.23/share (with 55 million shares out)

>Roughly speaking.

>I don't think it will be good but not as bad as some are saying.


robert.

i hear you. but if the CC is to be believed -- yeah, i know, another leap of faith -- then the shortfall this quarter is $0.27 (for a first quarter EPS of a penny). add to that another $0.28 over the rest of the fiscal year, and i get $0.70 for FY99. (using $1.25 as the previous consensus estimate.)

give a multiple of say 14 or 15 -- is that much too generous? -- we got a $10 pair of gloves on our hands.

-chris.