Centocor ( CNTO ) Message Board

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Biotech / Medical : Centocor ( CNTO )

CNTO 0.00001000

0.0%

Jan 29 9:30 AM EST

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To: Brian Pastor who wrote (85)	4/22/1997 12:55:00 AM
From: FNS	of 965

Brian, .05 not good enough! Lilly lowered sales forcasts for Reopro to 250 Mil, from 300 Mil. After the close CNTO reported earnings .05 vs a loss of .16. It looks like the mean estimates were .04 with the high end at .09. Beating the "street" by only a penny is not acceptable under current market sentiment...not to mention potential impact due to high dollar and lower 1997 earnings estimates! (I don't have forecasts yet.) I hope CNTO management can step up to the plate with some good news before the analysts have a field day. In any event, let's hope the stock will hold and rebuild, based on new drugs in the pipeline and positive testing and approval. FNS

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