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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Mar 7 3:00 PM EST

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To: Hong-Lee Yu who wrote (774)8/25/1998 2:05:00 PM
From: FNS  Read Replies (1) of 965
 
Hong-Lee: Thanks for info. <<The Co stated in 1997 annual reports that they need no more than 50 sales force to cover 90% of market in USA. In addition, they will get 60% profit from SGP for Remicade sales in non-USA market. >> I don't trust the statement in 1997 report! Too
much has happened...we need confirmed/new data.

The 40 area is resistance...weak hands got to go...should see some basing between 37-41; a close above 40 would be nice. Unfortunately, this stock has disappointed many in the past. Hopefully, patience will pay off.

FNS

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