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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: WTDEC who wrote (185)2/12/1998 6:11:00 PM
From: John S. Sturges  Read Replies (1) of 496
 
PDLI presents data which we believe will revolutionize organ transplantation. Their drug Zenapax, is in trials head to head with Cyclosporin(the only drug for preventing organ transplant rejection since 1983) and we anticipate that the data will clearly indicate that Zenapax is superior to Cyclosporin. There has been quite a turf war with analysts. M.Geller with CIBC Oppenheimer pro-PDLI and existing biotech underwriters anti-PDLI.
I believe Geller's work will be recognized thru PDLI's success and then the market will examine and bid up his best recommendations. GLFD is one of his strong buys and his most undervalued issue with a 12mo. target of $39shr. In short a "Geller Rally".
Best regards,
John
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