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Biotech / Medical : ChiRex (CHRX)

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To: Haseltine who wrote (92)1/13/1998 3:17:00 PM
From: yosi s  Read Replies (1) of 130
 
Any intrest on CHRX it was heavyly traded today . The price droped off toward lower level that they had before glx deal was announced.They took write off for, phen phen, as well as for water treatment plant and taking off acetamonophene (tylenol). their core revenues are still growing and their revenues should increase by 100m yearly with the GLX deal, this may start in 98. Any comments. I think there is minimal downside risk, and upside potential is to get above its recent highs.
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