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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Jan 29 9:30 AM EST

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To: PawPr who wrote ()4/21/1997 1:30:00 PM
From: FNS   of 965
 
Stock broke down on Friday....now know why! LLY reported ReoPro sales figures that the 'street' didn't like, indicated below:

"ReoPro continued to show strong sales performance with sales for the
first quarter of 1997 totaling $51.7 million, more than a two-fold
increase from last year. During the first quarter, submissions were
filed by Centocor, Inc., Lilly's collaboration partner, for expansion
of ReoPro for use in all patients undergoing angioplasty and for use in stabilizing patients with unstable angina not responding to
conventional therapy who are eligible for angioplasty."

Anybody have any idea what 'anticipated' sales amount was???

Nothing announced by CNTO regarding this matter, that I know of.

I believe CNTO QTR earnings due 5/5. Hope no further bad news...!

Congratulations to those who went short .... hope you've covered...
and Good Luck to all Longs.

Still long! FNS

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