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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (27635)6/14/2001 10:03:20 AM
From: Frederick Langford  Read Replies (1) of 37746
 
I like IVX

IVAX Expects Second Quarter Earnings to Exceed Analysts' Expectations and

Anticipates Increased Paclitaxel Sales

Business Editors

MIAMI--(BUSINESS WIRE)--June 13, 2001--IVAX Corporation (AMEX:IVX)
expects that its second quarter earnings will exceed analysts'
expectations, based on preliminary results from operations for the
first two months of the quarter, together with sales made and expected
to be made during June. The First Call analyst consensus estimate for
IVAX is currently $.25 per share. IVAX plans to announce its second
quarter earnings near the end of July.
Financial results to date indicate that IVAX will have a strong
quarter and sales of IVAX' paclitaxel injection product are expected
to be greater than in the first quarter of 2001.
IVAX Corporation, headquartered in Miami, Florida, is engaged in
the research, development, manufacturing and marketing of branded and
brand equivalent pharmaceuticals and veterinary and diagnostic
products throughout the world.

Fred
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