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Strategies & Market Trends : Pancho Villa's Short Analysis File

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To: Pancho Villa who wrote (36)10/2/1998 11:11:00 PM
From: TRIIBoy  Read Replies (1) of 287
 
BFT has been good to me so I thought I might return the favor with Immunex (IMNX)

1)in the next two to three weeks estimates will go down from positive EPS of anywhere from $0.50 to $0.90 to losses.

2)Enbrel drug which company is counting on got a harsh review in FDA review panel in September, very restrictive labelling

3)company needs financing, analysts keeping it above water for juicy secondary

4)FDA has manufacturing concerns, possibility of a delay in November.

5)market cap does not justify the puny 15% margins it could get from Enbrel

Enjoy...
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