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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: tonyt who wrote (493)8/18/1997 10:18:00 PM
From: Andrew H   of 2173
 
Tony, I am not speaking of any large houses in particular. I don't follow AMLN that closely anymore. I am speaking in generalities. I assume there are at least a couple of larger firms covering AMLN. I could be wrong. Everon is not that large. My point is that if say, Alex Brown and Merrill Lynch or H and Q were to downgrade (if in fact they cover at all), the stock price could go lower. It is all hypothetical. Just speculating on possiblities.

Actually, the price rebounded a bit later in the day and could rebound more. I am just urging caution. I am thinking pretty much along the lines David is on this one. The next P3 trials should tell us a lot more.
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