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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Mar 7 3:00 PM EST

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To: Donaldm who wrote (449)12/17/1997 9:48:00 AM
From: Todd D. Wiener  Read Replies (1) of 965
 
I bought more at $31. Merchant Group's 1998 estimate sounds completely unreasonable. I'll be more impressed if Lehman Bros. downgrades CNTO. I would be surprised if they did, though. This does put a lump of coal in the stockings of their biotech clients, although I think CNTO has a good chance to double in 1998.

Todd
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