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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Skywatcher who wrote (1688)9/9/1999 12:28:00 PM
From: Just_Observing  Read Replies (1) of 1762
 
Apparently dropping because of CEO comments that expectations are too high for this quarter. He said that expectations of 80 million in sales this quarter are too high for their Lymphoma drug (Rituxin ?? sorry got name on phone so spelling may not be right). Merrill had been touting this stock as one that would blow away expectations. In any case, Merrill came out and reiterated a buy at 112. This should provide support.

Good Luck and Best Wishes
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