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Biotech / Medical : Alteon (ALT)
ALT 6.190+9.4%3:41 PM EST
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To: Dr. T. who wrote (166)12/4/1997 11:43:00 AM
From: Bill Tomko  Read Replies (1) of 318
 
assuming ,which I personally think is a reasonably good bet, positive clinical findings in the summer of 1998, A fililing 4'th q 1998 or 1'st q 1999 commercial sales should begin 3'd to 4'th q 1999. This product COULD be a billion $ sales product. Additionaly cross link breakers could follow in 12 to 36 months. The Idexx labs animal use could begin in 1998 or early 1999. This could be a nice book of business. There is the potenial for lable cliam expansion to ESRD in 1999 or 2000.
As you move into mid 1998 and ASSUMEING good clinical findings the market will begin to reflect the sales potenial. Look at CNTO price as repro began to approach the market. This is a reasonably cheap stock
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