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Biotech / Medical : ANDRX (ADRX)

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To: caricom who wrote (22)8/22/1997 1:15:00 PM
From: PAUL ROBERT ST. ONGE   of 127
 
I use countless cross-searches, but you may try some of the following:
Wall Street Journal On-line (Dow Jones Publications Library) within WSJ site, Quote.com, Yahoo Finance, Nasdaq, Dow Jones. Some you pay for, other's you do not, but most of the pay sites are well worth it.
Each site varies as to what they carry, so I advise multiple sites and searches. I remain a firm believer in the company and believe the stock has plenty of fuel left in the tank. I am looking for the stock to trade in the 60-80 range in 1998, providing company continues to progress. Stock could possibly do much better than this, but as in all things timing is a critical issue. According to some of the analyst report's and other news stories, company is progressing on the NDA front as well as their generics, so the pipeline is only begining to warm up. I would expect additional ANDA filings last report stated I believe two, and more in 98. As you know, two filed ANDA's are awaiting FDA approval and based upon the typical 18-24 month time frame, company should be nearing approvals.
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