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Biotech / Medical : MRE (medco research)

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To: Sam who wrote (127)10/6/1998 4:03:00 PM
From: Harold V  Read Replies (2) of 192
 
Sam, more concretely, what's your guesstimate on the movement of MRE's share price if its earnings aren't that impressive? I suspect that we have at the very least a year's wait before its next major drug gets approved. Other plays like PM might be far better to make while MRE drops back, then begins to crawl back into the mid $20s and beyond. Thanks for your consideration. Harold V
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