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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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From: Icebrg1/21/2005 9:25:53 AM
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[Supposed to be] From Briefing.com. [I have not been able to verify the source, but the pre-market activity is strong today].

09:13 CTIC Cell Therapeutics: Stock could double in the next 2-3 months - WR Hambrecht (8.11 )

WR Hambrecht believes that CTIC could double or more in the next 2-3 months. Firm expects data from the Phase III STELLAR 3 trial of Xyotax in 1st line lung cancer patients in late-March or early-April. Firm's expectation is for a statistically significant survival advantage over Taxol. However, they believe more modest results could also offer a viable regulatory path. Their bullish outlook is enhanced by a relatively large short position and a likely well-entrenched negative bias against the co among many investors
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