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Biotech / Medical : QLT PhotoTherapeutics (QLTI)
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To: Scripts who wrote (1187)2/8/2001 9:32:04 PM
From: Ian@SI  Read Replies (1) of 1321
 
Ed,

I tend to use all 3 Ignore options once discovering that an individual has no intention of contributing anything of value - either pro or con. IMO, there's no point in seeing any part of the conversation provoked. The possibility of missing some valuable insight is a risk I'll gladly take. ;^)

Re tomorrow's close. Who knows. afterhours we closed just above 33 but on rather light volume. There will be positive news coming out within the next few weeks re reimbursement processes for several European countries.
The label expansions will more than triple the current label's Visudyne target population within a year.

While I can't predict tomorrow's close I'd expect upward pressure on the price both short and longer term. I wouldn't be surprised to see new highs set prior to yearend unless the biotechs are shunned like the plague.

What are your thoughts on QLT's probable price?

Ian.
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