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Biotech / Medical : Summit Technology (BEAM)

BEAM 22.20

+7.8%

3:59 PM EST

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To: James Strauss who wrote (873)	6/9/1998 8:14:00 AM
From: Manny Gugliuzza	Read Replies (1) of 1386

i will believe this with an intraday close above 7 and when the FTC walks away from these guys and leaves them alone to do business. we went through a rough estimate of real value a while ago on this issue and we had about 5.75 to 6$ per share. now this was before these new funds and the huge increase in LCAV price. maybe 7-8 now so i use a 2X value for for a reasonable market price of 14-16$ and this is without expected earnings per share increase so very conservative. ar.

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