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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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To: scaram(o)uche who wrote (4)12/19/1996 11:07:00 PM
From: Peter Silsbee   of 4474
 
Rick, back in October you wrote
"I value ARIA at $8/share." Any insights on this valuation?

I also thought I'd mention the ARIAW warrants, exercisable at $8.40, expire May 1999. Seems like a bargain, currently around
$7/8 to $1, although they were as low as 50 cents during the summer slump. Opinions?

This co. looks great... but I sure have a hard time trying to figure a value on these new biotechs.

PLS
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