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Biotech / Medical : Regeneron Pharmaceuticals
REGN 761.96+0.9%3:38 PM EST
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To: cl who wrote (7)12/18/1996 10:15:00 PM
From: Mounir Abouzakhm   of 3560
 
Chuck,

Thanks for answering my post. I bought it few weeks ago at $18.5 from Smith Barney who had a target of $33 within 1 year. Surprisingly, the Prohost news letter has a target of $30 (it was $33 in the last issue). Cowen does not cover the stock but they expect the results from Amgen and REGN to be published early 1997.

I really do not mind late 96 or early 97 as long as the results will be positive. I think that our chances is more than 50-50.

Good luck to all of us.

Mounir
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