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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST

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To: Steve Lokness who wrote (203)12/9/1997 3:22:00 AM
From: Jongmans   of 4474
 
A two pager,from Lehman Brothers' biotech analysts CA Butler.Ph.D/R.Rouse,published 11/04/97. You can, during a short period find this kind of reports on: lehman.com

They indicated a price target of $ 11.-.

Personally, I think that, based on Ariad's low burnrate, its strong financial backing by Hoechst Marion Roussel and ARIAD's broad and strong researchbase, in the longer run a substantially higher pricelevel is a realistic possibility.

Martin
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