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Biotech / Medical : Biotech Short Candidates

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To: tuck who wrote (747)10/6/2005 12:51:26 PM
From: tuck  Read Replies (1) of 897
 
Thanks to Steve (quidditch) for this dig from Goldman Sachs regarding Trimeris:

>>Trimeris (TRMS, In-Line). Keep estimates but note Fuzeon pickup Americas Healthcare: Biotechnology October 6, 2005
Goldman Sachs Global Investment Research 4 Script trends for Fuzeon have been on a steady uprise, even through the late summer which has historically been seasonally week. We
maintain our forecast of $26 million in North American sales and $26 million in Ex-U.S. sales. The sequential number is down from Q2 ex-U.S., due to one time shipments to Brazil. We are forecasting a Q3 loss of ($0.16) per share and full year 2005 loss of ($0.61). Each of the analysts named below hereby certifies...[snip]<<

I actually did have a little short position on Trimeris, which I took small profits on at about these levels a couple of days ago. Trimeris would suffer on an earnings miss, IMO.

Cheers, Tuck
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