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Biotech / Medical : Biotech vs. Shorts

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To: Gordon James who wrote (201)8/30/1999 8:07:00 PM
From: Vector1  Read Replies (4) of 427
 
Gordon,
three of the four analysts Tang Leheny and Toth maintained their buy ratings. Ende at Lehman who was a soft buy bolted. Ginzberg at Piper must be on vacation.
That said I it is not clear yet where the stock will rally. I believe the company will refile by the end of September which will result in a 3 month delay.
The question is how can something like this happen. CLTR regulatory people should have regular contact with the FDA. Is it possible that this is the staffs way of giving themselves a 9 month review?

THis has been a bad day.
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