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Biotech / Medical : Biotech Valuation

CRSP 56.87

-2.2%

3:59 PM EST

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To: Biomaven who started this subject	1/9/2002 3:11:42 PM
From: Ian@SI	Read Replies (3) of 52153

It never rains but it pours... I'm at the point of losing confidence in IMCL management's credibility; and approaching the point that I wouldn't speculate in this company regardless of the price (about $33.75 at the time I'm posting this). 14:16 ET Imclone Sys (IMCL) 34.36 -2.49 (-6.7%): Stock hit by a wave a selling. Hearing that Dow Jones is reporting that co's CEO says he can't give a timeline on when Imclone will meet with the FDA, and that data on Erbitux alone showed a 10.5% response rate.

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