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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: DZOO who wrote (1584)6/30/1998 7:37:00 PM
From: Roudy  Read Replies (1) of 1762
 
In speaking with IDEC IR today, we spoke about the current price and what can be done about it. Their belief is the financials will speak for themselves. The quarterly reports will be out on the 14th from Genetech which will reveal Rituxan sales and IDEC will report their numbers on the 20th.

Victor Securities rating of neutral today is somewhat curious. We have several other analyst who are not in agreement with this view. But, more interesting is the same analyst gave Coulter an accumulate rating today. Coulter is trading higher than IDEC and doesn't even have a product to market. Seems to me the one first to market should be reaping the rewards, unless the product isn't selling. But so far, all indications show it is doing very well.
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