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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who wrote (74)4/12/2000 4:01:00 PM
From: biowa  Read Replies (1) of 2243
 
Rick,

Any doubts that we've returned to the attitudes, if not the absolute valuations, of last fall?

Witness MMP today; the equation:

Outstanding interim PII results in HCV presented today (okay maybe priced in last week)

+

PIII data in malignant melanoma to be presented in a month at ASCO (and the company seeming to hint today that they know that they're good)

+

Co. says they WILL file an NDA this summer (by July, "a reasonable guess")

=

DOWN 2 3/4 (5%) ????

Looks like we're back to sell into the news.

biowa
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