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Biotech / Medical : Hoechst (HOE)
HMR 1.280-1.5%Nov 3 3:56 PM EST
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To: Teddy who wrote (23)5/29/1998 8:25:00 AM
From: Paul Senior  Read Replies (1) of 42
 
Thanks Teddy for keeping us updated. Nice to read of the logic for JP Morgan's buy rating --- even if it does come as HOE is nearing its high. I show the DM to be at 1.78 per US$1. So if they value HOE at 110DM for 1999, that would be about $61-$62 per share. Paul Senior
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