Replies to post #395811 on Elite Pharmaceuticals Inc (ELTP)

[The ELTP King]

Wrong.

The "way north of $45 million" is the more up-to-date revenue forecast.

[kayak_wench]

I don't feel $2 million dollars (or about a 4.5% increase) above $45 million is

way north

of $45 million.

I think Nasrat got ahead of himself in the last CC and corrected it in his final estimate of

north of $40 million

Price will decrease between now and the next CC (that will Prasco revenue) because revenue of $14 to $15 million appears to be the new status quo. From here without new business we drop as price and demand likely comes down over time.

Still a good investment, and what Prasco can do for us will be very important. But I was hoping for something in the high teens reflecting more growth from internal sales.