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Biotech / Medical : MedImmune

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To: PENNY who wrote (13)3/29/1997 11:17:00 PM
From: Doug Meetmer   of 416
 
Penny,

The scarcity of Respigam is BAD for the company and the stock. This will undoubtably hurt earnings and I wouldn't be surprised if the stockprice falls.

The price of Respigam has much more to do with demand than supply. Respigam is the only game in town and Medimmune has a monopoly on it. The fact that they are running short on supply is a missed opportunity for medimmune to haul in extra cash.

Doug
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