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Biotech / Medical : ChiRex (CHRX)

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To: Haseltine who wrote (45)	7/7/1997 2:48:00 PM
From: BMB	of 130

To all:CHRX hits new high on -Glaxo deal and a strong buy rating of First Boston. A stong technical break out with several 20K block trades! Can some one predict the future (near/long term) price movents based on the new fecility and 5yr contract of Glaxo (~$450MM). Can this deal could be similar to that of CTAL-Glaxo..? Earlier First Boston had a 12month target of $16...Thanks ...BM

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