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BioTelemetry, Inc. Message Board

  • chris_cs16 chris_cs16 Dec 4, 2013 3:18 PM Flag

    Rate Drop Impact is $4.5 Million to Revenue

    This confirms that the there has been a complete over-reaction to the rate drop. The company will make up that drop through growth from new contracts. Doesn't make sense to have the value of the company drop $70 million over the loss of $4.5 million of revenue. Bought more in the low $8's.

    Sentiment: Strong Buy

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