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Biotech / Medical : GZSP, Genzyme Surgical Products
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To: peter michaelson who wrote (14)7/9/1999 9:53:00 AM
From: jeffbas  Read Replies (1) of 55
 
Peter, I am OK at sensing value but notoriously poor at selling. I would not count on it not dropping today. I consider the short term as unclear, with more to go probably from GENZ institutions that can't hold it. I still believe that in the intermediate term it will recover to between 2/3 and 100% of net cash ($6-9), with no value assigned to the $100 million surgical device business, $15 million Seprafilm business, or biotherapeutic R&D.
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