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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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To: Rolf Schoch who wrote ()3/13/2000 4:25:00 PM
From: scott_jiminez  Read Replies (1) of 4474
 
From Smcps onln today:

'We have received many calls and e-mails related to CEO Harvey Berger's appearance on CNBC's 'Squawk Box' March 3, 2000. Many of our subscribers may have mis-interpreted Dr. Berger's comments concerning the ARIA revenue model. Like most gene therapy companies, the size and timing of ARIA's product revenues and earnings are extremely difficult to predict. However, partnership and licensing agreements offer ARIA a source of near-term revenue, and we anticipate ARIA having multiple opportunities to partner its ARGENT and RAPID systems in the next 6 to 24 months or to license the technology to pharmaceutical or biotechnology companies. We are confident that the recent high profile Science paper illustrating the power of RAPID technology, has triggered significant industry interest. We are reiterating our BUY rating on ARIA and recommend purchase of stock for those investors tolerant of the risks associated with small cap stocks.'

Their emphasis.
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