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Biotech / Medical : Immunex
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To: John Curtis who wrote (626)12/14/2001 3:50:08 PM
From: Mike K   of 656
 
IMNX is unlikely to see $30 anytime soon if AMGN continues to sell-off. With the rumor of a 75% stock deal, there is simply too much good-will at 8-9x book.

IMO, shareholders of both companies would be better off, if the deal didn't happen.
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