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Biotech / Medical : Biotech Holdings

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To: William Whitehead Jr. who wrote (199)	9/16/1999 12:18:00 PM
From: William Whitehead Jr.	Read Replies (1) of 224

From Stockhouse: Published by WealthQuest - sorry do not know how this organization is. Puts today's trading into perspective: Today's retracement suggests many short-term "investors" who are not familiar with Biotech's story have cashed in on a significant run-up. Based on the news announcements anticipated, we have revised our 12-month target to $4.75. We consider this target extremely conservative based on fundamentals, however, we maintain this target given the perception problems that Biotech has experienced in the investment community. We would revise our target accordingly, should Biotech report report on key issues concerning Latin American filings and approvals, other partnerships and licencing agreements, patent status and Chinese prescription re-imbursement.

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