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Re: ValueInvestor15 post# 11

Monday, 03/16/2020 10:53:17 AM

Monday, March 16, 2020 10:53:17 AM

Post# of 123
Nice call: Stock went to $196.36 days after your post! Looks like this market-wide pullback is indiscriminate across ALL stocks; & puts the current price of LH well BELOW that value by OVER $50.00. Some analysts had LH @ a $207.00 price target (& that was BEFORE any of the Coronavirus factored in).

Meanwhile LapCorp has been ALL OVER the NEWS as a KEY part of the Coronavirus Task Force. Is expanding their Walgreens "tuck-in" stores to 600+, developed a COVID-19 test kit (March 5th) its' begun deploying, started 3 8hr shifts to increase test kit production & testing, & is committed to buying back shares as well as making new lab acquisitions this upcoming year (as part of their last public conference call guidance).

Throwing off ~$1B of cash with $11.5B in Gross Revenues BEFORE the Coronavirus business is factored in should provide more capital to execute & accelerate on all their corporate objectives. So, for this company, the Coronavirus, stock decline, continued execution for this growing 50yr old company makes it a stock with LOTS of UPSIDE at these prices.

Added more today: Happily! And leaving some money for one more lucky dip.

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