Elite Pharmaceuticals Inc (ELTP)

[HGiLS]

Hi kayak,
I shared my views with emperor and we agreed on this.

The way I see it is that when we say we have 10% of the market it is 10% of the USA market. But you may have 20% branded and 80% generic which makes it harder to calculate if they measure the number of tablets sold.
We also need to take into consideration that resellers and pharmacies can take 50% to 60% of the amount reported. So a 3.5 billion market really represents 1.75 billion. Of which 20% is branded (more expensive ). Rest 1.4 billion
So to make it simple 10% of the 3.5 billion market is really 140 million or less for the year for manufacturing like elite. Or about 36 million per quarter at full steady 10% course for the whole quarter.