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Biotech / Medical : ICN Pharmaceuticals

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To: Clouseau who wrote (950)12/9/1998 9:25:00 PM
From: Robert Florin  Read Replies (1) of 1029
 
They all deserted you for the highly contentious, anonymous Yahoo bbs. I actually wish a rational dialogue about ICN returned to SI because the people are more responsible about their posts, and civil.

Another interesting announcement is the use of drugs which sensitize wbc's to light and reduce their antibody rejection. There could be an interesting use of a boring pharmaceutical, and have much wider application than just heart transplant rejection. However, I think that the announcement was expected and that after an initial opening rally, the stock will settle back and trade in this range until insiders know that the company has turned the earnings corner. My guess is that you will know that by persistent buying pushing the stock past 30. Could be a quarter or more away.
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