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Pastimes : Home on the range where the buffalo roam

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To: D.B. Cooper who wrote (10528)3/17/2003 12:47:38 PM
From: D.B. Cooper  Read Replies (2) of 13815
 
re: watch DNA today.

I love analyst's like this

NEW YORK, March 17 (Reuters) - Lazard Freres on Monday said it cut its price target for shares of Genentech Inc. (DNA), the world's second-biggest biotechnology company, to $36 from $37 because of ``revised product expectations.''

``There is a high probability that one or more of the regulatory or clinical events this year will be negative, which could create a buying opportunity for DNA shares,'' analyst Joel Sendek said in a research note.

Shares of Genentech closed at $32.26 on the New York Stock Exchange on Friday. REUTERS
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