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Biotech / Medical : LIPO-Liposome

LIPO 0.411

+17.4%

3:59 PM EST

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To: Beltropolis Boy who wrote (642)	12/22/1998 11:22:00 AM
From: MoneyMade	Read Replies (1) of 900

LIPO---News Liposome Co. (LIPO) 9 13/16 +13/16: Hambrecht & Quist upgrades drug developer from "hold" to "buy" based on resolution of the uncertainties regarding new Abelcet competitors and launch of Evacet; expects Evacet launch in the fall of 1999, while Abelcet sales have continued to grow; raises Q4 EPS estimate from loss of $0.02 to net of $0.01 a share; has a price target in the range of $25-$30 a share..... M$ney

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