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Biotech / Medical : CEPH
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To: Hedge who wrote (129)5/1/1997 8:36:00 PM
From: Rohit Nanavati   of 998
 
Mark,
I completely agree with you. My thinking is the If CEPH gets approval on 5/8, The stock may open at 25 or better next day. If no approval Stock may tank upto 12 or below.
Another thing if CEPH gets approval, I think it is a good takeover company especially by Chiron. I dont think the stock will move couple of points on approval. It could but I have my doubts. I have privately heard that CEPH and FDA has cut a deal for approval somehow.
Pl respond.
Rohit
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