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Biotech / Medical : HuMAB companies

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To: nigel bates who wrote (345)3/1/2002 7:28:27 AM
From: tom pope  Read Replies (1) of 1022
 
And it's not getting any better today, Nigel, at least not yet. Both PDLI and ABGX traded well under their closing prices in After Hours, PDLI in reaction to this:

PDLI Protein Design matches consensus; warns for FY02 (15.87 -0.30)
Posts a Q4 loss of $0.06 a share, in line with consensus, vs yr ago EPS of $0.00. Revenues declined 14.8% to $15 mln. For fiscal yr 2002, co expects a loss in the range of $0.17-$0.26 (consensus +0.02). "Although we do not believe we will be profitable in 2002, we want to emphasize that the major change from 2001 is a decline in interest rates, not a change in our core business operations or strategy."
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