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Biotech / Medical : QLT PhotoTherapeutics (QLTI)

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To: Julian who wrote (751)11/18/1999 7:41:00 PM
From: Edward W. Richmond  Read Replies (1) of 1321
 
Julian, I found the analyst recommendations to be fascinating. In particular, Merill Lynch's "Near-term neutral" to be a little humourous.
Remember the ML analyst's recommendation to SELL QLT and BUY Xillix Technologies. QLT pre-split is $135.50($C) and Xillix is $0.15($C). ML has long been negative on this stock and it looks like the FDA is not going to change their minds.
I'd like to know the recommendations of other companies that have been consistently negative in their ratings in the past. For example in June 1998.
Yorkton - underperform
First Marathon - underperform
Levesque Beaubien - sell
Unfortunately, shortly after this date, the names of the brokerages making the recommendations were no longer included in the Investor's Digest. Small wonder! With the name comes accountability.
Regards,
Ed
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