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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Charles J who wrote (4120)4/13/1998 3:23:00 PM
From: Charles J  Read Replies (2) of 34592
 
Dakin Securities Starts Coverage of SciClone With a 'Buy'
Recommendation

SAN FRANCISCO, April 13 /PRNewswire/ -- Dakin Securities analyst Jim McCamant initiated coverage of SciClone Pharmaceuticals (Nasdaq: SCLN - news) with a ''buy'' recommendation.

Mr. McCamant set an 18-month price target of $10 on the stock, which closed Wednesday at $3.375.

He cited growing sales of SciClone's lead hepatitis product, ZADAXIN(R) thymosin alpha 1, its partnership in Japan with Schering-Plough [NYSE:SGP - news] K.K., the company's lead
cystic fibrosis product, CPX, and stronger management for the recommendation.
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