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Biotech / Medical : Alexion Pharmaceuticals, Inc. (ALXN)
ALXN 182.500.0%Jul 28 5:00 PM EST

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To: keokalani'nui who wrote (298)8/5/2003 5:43:50 PM
From: Ian@SI  Read Replies (1) of 824
 
After the conf call, I'd almost expected the stock to be up 20%.

One of Lenny's comments was that, "Most of the development risk/cost for Pex is behind us." (Me paraphrasing from memory rather than an exact word for word quote).

I'm left with the impression that Pex could still be approved within the originally targetted time and probably end up with a broader label than expected (both CABG and CABH-Valve).

Essentially if one liked the stock yesterday morning, they should like it even more today.

But then you have idiots like Mike Huckman on CNBC whose total research seems to be reading the headline of the press release.

FWIW,
Ian
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