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Biotech / Medical : ImmunoGen
IMGN 31.230.0%Feb 26 4:00 PM EST

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To: Gary Mohilner who wrote (3656)11/4/2000 12:33:03 PM
From: RJMC  Read Replies (3) of 5665
 
Not too much new in the MTSL Stock Letter. Basically talked about the secondary offering and how well the stock has held up.

They still have Immunogen as a buy under $20. Regardless of the reasoning, it seems like the folks at MTSL might be short-changing their customers by effectively saying don't buy this stock unless it dips back under $20. There are no indications whatsoever that this stock will dip back under $20. If it does, it means that it will go way below $20 and MTSL may as well go ahead and say this stock is a buy under $2. If it doesn't, it means good news out of the clinic and the stock will likely go higher than it is right now. In either case, the MTSL people are short-changing their customers. It does no good to wait until the news is already out and say the new buy rating is $50 and the target is $100. This negatively impacts the people who could be buying the stock right now.

They really need to re-think what they are saying and how they are saying it.

Bob M.
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