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Biotech / Medical : MedImmune

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To: Aggie who wrote (272)11/20/2003 9:33:36 AM
From: rkrw   of 416
 
<<Does anyone get the sense that the analysts doth protest too loudly? Is the degree of verbage about FluMist really warranted?>>

I think so.

<<I wonder if this is really a way of establishing the institutional entry point for the new year, i.e. drive the price down to get the best value?>>

I think medi is doing a good job of that on their own!

<<The jump in long term debt in Q3 is what worries me the most.>>

They coupon rate was next to nothing and medi is very profitable. They did blunder and use the cv to buy back shares mainly >$30/share.

<<FluMist will take hold eventually, they just need to replace the marketing group responsible for the rollout and bring the price down.>>

At least for next flu season expectations will be nice and low :-)
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