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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Land Shark who wrote (47957)12/23/1999 1:20:00 PM
From: Hockeyfan  Read Replies (1) of 122087
 
CIBC ups target price on GENE @ 12:13 today and reiterates STRONG BUY

"Based on the valuations of companies in the genomics space, we are raising our price target for GENE shares to $24 from $8. We are increasing our estimate for fiscal year 2000 to a gain of $0.28 per share from a loss of $0.22 because of expected licensing and milestone payments
from this deal."
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