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Biotech / Medical : Aviron
AVIR 3.375+1.7%3:59 PM EST

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To: s jones who wrote (218)4/1/1998 5:30:00 PM
From: SJS  Read Replies (1) of 645
 
Folks,

Morgan Stanley initiated coverage today of AVIR with an OUTPERFORM rating.

I think we could use it. The stock has been essentially flat (very narrow trading range) since September 1997.

Enjoy.

_________________

RESEARCH ALERT - Aviron started

NEW YORK, April 1 (Reuters) - Morgan Stanley said Wednesday it initiated coverage of Aviron with an outperform rating.

-- Aviron was seen as a pure-play vaccine company; Morgan expects it to file by midyear for U.S. Food and Drug Administration approval of a new flu
vaccine.

-- Worldwide sales for this vaccine were forecast as exceeding $500 million by 2002.
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