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Biotech / Medical : Summit Technology (BEAM)
BEAM 24.56+3.3%1:12 PM EDT

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To: Charles Crabtree who wrote (1347)9/7/1999 1:50:00 PM
From: Andrew  Read Replies (1) of 1386
 
Charles - I must say I am quite disappointed at their price target. BEAM was at $29 not that long ago, yet they initiated coverage with a price target is only $22.50 over the next 12-18 months! Why would anyone invest in such a risky stock as BEAM with a potential "reward" that represents a pathetic return of 30 percent spread over the next year and a half. :-((
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