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Biotech / Medical : Bio Technology General - BTGC

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To: Jim Oravetz who wrote (1980)1/23/2000 6:32:00 PM
From: Slugger   of 2028
 
This is a few days old, but wasn't posted here:

Thursday January 20, 9:38 am Eastern Time

RESEARCH ALERT - Bio-Technology started

NEW YORK, Jan 20 (Reuters) - Warburg Dillon Read on Thursday said analyst Michael Wood initiated coverage of
Bio-Technology General Corp. (NasdaqNM:BTGC - news) with a buy.

-- said company has $700 million market cap and trades at a ``substantial' discount to other profitable biotechs.

-- sees EPS growth of about 20 percent over next five
years.
-- set price target of $18.50.
-- said firm has five products on market, with two biggest

expected to drive most of firm's earnings growth over next two years.

-- Shares rose about 1/2 to 15-11/16 in Nasdaq trade early on Thursday.
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