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Biotech / Medical : Texas Biotech (TXB)

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To: Steve Valliere who wrote (336)10/5/1997 8:50:00 PM
From: sam   of 834
 
I think I adressed your first three questions in my last message (if not, let me know and I'll do so more thoroughly). As for number 4, all I keep hearing (and Wand states in her report) is that heparin-induced thrombocytopenia (HIT) is a 300-400 million dollar market opportunity and that SmithKline and TXB can conservatively capture 40% of this market after a 1998 launch (as well as 15% of AMI after a year 2000 launch). That's pretty large for a company with a current market cap of about 169 million dollars. But will this all come to pass? Are we sitting on a 12 to 16 dollar company? I sure hope so, but I think alot will depend on how the institutions perceive TXB.
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