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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Feb 6 9:30 AM EST

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To: PawPr who wrote (22)10/23/1996 6:15:00 PM
From: Thean   of 965
 
I think your points have merits. Your first comment about cardiologists and their taking vacation is a good insight. I would really be interested to know if there is an established statistic. Please confirm or give pointers if possible. On your second point, if patients are getting reimbursed in the US based on FDA approved indication, then shall we expect the bulk of the sales increase in Reopro use since the halted trials originates from European sales. I do not recall if Lilly or CNTO publicly explain the geographical split of Reopro sales.

Also, Salomon Ups Centocor To Strong Buy From Buy (story below) a day after Smith Barney downgraded it. Obviously the brokerage firms have quite a wide ranging opinions about Reopro and CNTO's revenue and earning short term (3-6 months). Expect to see CNTO trading in a side way pattern for the next three months or until further significant news releases.

NEW YORK (Dow Jones)--Salomon Brothers Inc. analyst Meirav Chovav
upgraded Centocor Inc. (CNTO) to strong buy from buy, according to a
source at the firm.

Further details were not immediately available.
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