Analysts and Calls -- Lehman Message Board

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Biotech / Medical : Analysts and Calls -- Lehman

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To: scaram(o)uche who wrote (12)	11/13/2002 3:41:20 PM
From: scaram(o)uche	of 30

I don't own any, and have expressed my own strong reservations recently in the T/FIF thread. But.... the Lehman call today on TELK by Birchenough?? Quoted by Dow Jones saying that it's "priced for perfection". If true, that Birchenough was the analyst and that he was quoted correctly......... get real. edit: Reuters says the same thing...... RESEARCH ALERT-Lehman cuts Telik rating Wednesday November 13, 12:00 pm ET NEW YORK, Nov 13 (Reuters) - Lehman Brothers analyst Jim Birchenough cut his rating on Telik Inc. (NasdaqNM:TELK - News) to "underweight" from "equal weight" on Wednesday, saying the stock is "priced for perfection." The stock closed at $14.29 on Tuesday.

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