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Biotech / Medical : CYPH - Cytoclonal Pharmaceutics
CYPH 1.825-19.6%3:59 PM EST

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To: Axxel who wrote (213)6/30/1998 11:07:00 PM
From: Doug Coughlan  Read Replies (2) of 428
 
Bloomberg News stated that CYPH was rated a "strong buy" in new coverage by analyst Josh Moses at Janssen Meyers with a 6 month price target of $15. I'll take a strong buy recommendation from any legitimate firm, but it would be nicer if it came from a more disinterested firm. I mean picture poor Josh trying to explain to his bosses Janssen and Meyers that he has initiated coverage of a company in which they control forty plus percent of the outstanding shares with a neutral or god forbid a sell recommendation! So while I'm sure we all appreciate the recommendation, it does not come without some bias.
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