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Biotech / Medical : VITX - new IPO with room to grow

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To: Ariella who wrote ()7/17/1998 11:21:00 AM
From: Ariella  Read Replies (1) of 37
 
So, I came in at 10 5/8 and the stock hit 14 3/4 today -- one month later -- and still alone on the boards. Guess it's not "techie" enough for most.

RESEARCH ALERT -V.I. Technologies started

NEW YORK, July 7 (Reuters) - Warburg Dillon Read said Tuesday it started coverage of Viral Inactivation Technologies Inc. (Vitex) with a strong buy rating.

Analyst David Webber said two existing businesses in virus-inactivated plasma and plasma derivatives are expected to generate breakeven results this quarter and rapid earnings-per-share growth through 2000.

Webber set $19 per share target price.
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