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Biotech / Medical : analysts and calls -- Morgan Stanley

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To: scaram(o)uche who wrote (11)10/16/2002 1:02:00 PM
From: scaram(o)uche  Read Replies (1) of 31
 
Harr was previously at Robbie Stephens.......

11/19/00........

thestreet.com

So far, however, investors have mostly shied away from the dozen or so cancer vaccine companies including Avax, Progenics (PGNX:Nasdaq - news), Genzyme Molecular Oncology (GZMO:Nasdaq - news), Antigenics (AGEN:Nasdaq - news), Corixa (CRXA:Nasdaq - news), Dendreon (DNDN:Nasdaq - news) and others, causing shares in those vaccine makers to slide amid a surge in other kinds of biotechs. The companies missed the recent strong showing in biotech stocks, which have been the Nasdaq's top performers for much of the year.

Blue Skies?
"These stocks remain very cheap," says Steve Harr, analyst with Robertson Stephens, who recommends that investors buy a basket of stocks, since there will be winners and losers.
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