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Biotech / Medical : Regeneron Pharmaceuticals
REGN 751.11-2.6%Jan 28 3:59 PM EST

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To: Miljenko Zuanic who wrote (83)4/14/1997 2:28:00 PM
From: James Silverman   of 3559
 
MZ,
I'm not sure how their obesity project looks. SNAP's may be a strong and little known competitive project to note.
As for a bottom, given their high cash balance-just under $100M or $6 a share, very low burn rate, I dont see a bottom too much below where we're at now. I could take a *guess* as to $10-$12. I believe some preliminary results are due in May, which may move the stock one way or the other.
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