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

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To: Brad C. Dunlap who wrote (565)4/8/1997 10:18:00 PM
From: I. Luttichuys   of 1762
 
Hello Brad, Looks like our analyst out of SBC Warburg is David Webber who initiated coverage on IDEC with a "buy" rating. The curious thing is that with respect to this year's earnings, which he pegs at -0.22, he is about in line with the others from what I recall but, with next year's (1998), which he estimates at 0.16, he is a little on the low side of the average of analyst's estimates so far which I believe is currently 0.44.
He set a 12 month target of 46 putting him about in line with previous targets.
Hope you are enjoying your evening,
BENNETT
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