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Biotech / Medical : Immunex

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To: Tim Cruise who wrote (11)12/19/1996 9:19:00 AM
From: Howard Henick   of 656
 
The big question is the level or price! Remember, over a year ago, AHP offered to buy IMNX for 14.50 a share in cash and the offer was rejected by the board as inadequate. IMNX seems to have made some decent progress over the last year with their RA drug and I am hoping for north of 20 dollars a share. Any thoughts on price out there?
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