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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Jan 29 9:30 AM EST

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To: QUICKPULSAR who wrote (756)8/11/1998 8:58:00 AM
From: FNS  Read Replies (1) of 965
 
Just getting a chance to catch up CNTO stock data...back from 5 weeks in Italy...found it difficult to get find an availble PC to check in!

Anyway, stock seems in downtrend but trying to base in low 30's...ths is a good buy a deadly if negative FDA news holds up Avakine...on the positive side, it looks like the stock can turn around and rally to 42-44, pending positive news on Reopro, retavase, and avakine....

Previous comment regarding "growth" and "competion" scares me...like other products (i.e., techies), revenues and life cycle of current CNTO drugs in pipeline and pending avakine could be impacted easily by by more aggressive competition. Anyone have any real "positive" data to share?

Am long, but????

FNS
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