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Re: None

Monday, 12/02/2002 4:04:02 PM

Monday, December 02, 2002 4:04:02 PM

Post# of 27
can anyone prepare a cogent 8 month forward valuation of this company?

I think the introduction of the smartcycler ii and the strep kit is likely to double sales going forward, so we will see about 25 million in sales next year. If the postal contract is signed forward this will also boost sales. but at 1.5 million a month burn, this will likely just get to break even with increasing sales. The red herring or gold herring is the continued introduction of tests by IBI and geneexpert introduction, and foreign sales which are only starting to get adequately marketed.

an increase of 1000 units a year would mean a very large jump in sales

what is a normal ratio of market cap to forward sales?