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Politics : Idea Of The Day

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To: zx who wrote (14204)	11/14/1997 1:01:00 AM
From: LarryS	Read Replies (1) of 50167

If you are into Biotechs check out... CNTO...downgraded by a M L analyst after a Phase II trial earlier this week, but his view has been declared in error by ALL other 15 analysts that follow the stock. All renewed their BUY recommendations today and the stock stopped falling about 2pm today and started up, 3/16th. Should take a real jump tomorrow, fell over $10 so has quite a lot of room. XOMA....getting good news this week from Phase II trials and tommorrow Lancet (Britain's AMAJournal) will carry a strong, positive article about their recent successes. Should be good for a sizeable up move, if the market cooperates. Both CNTO and XOMA have threads here in SI....CNTO has options but XOMA does not.

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