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Biotech / Medical : Corixa [CRXA] - cancer vaccines

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To: natufian who wrote (11)8/4/1998 8:41:00 PM
From: Andreas Helke   of 222
 
I think the major problem is a lack of buyers. Small cap biotechs have been out of favor since quite some time. Corixa does not even have analyst estimates of future earnings to give investors some guidance. The interesting technology of this company gets totally discounted in the current market environment.

I am currently much more interested in moving more money into Biogen and Sepracor which have a pretty clear great future than to gamble on interesting early stage companies like Corixa or Ribozyme. I am keeping the few Corixa shares I own but the company is pretty low on my buy list.

Andreas
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