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Biotech / Medical : Biogen
BIIB 155.82+0.2%2:56 PM EST
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To: Harold Engstrom who wrote (793)12/30/1998 8:24:00 AM
From: Bwe  Read Replies (1) of 1686
 
Good morning, Harold;

FWIW, BGEN was dropped from the recommended list over at Zacks Investment Research at a price of $78.81. The stock had been on the recommended list since 1/14/98 at a price of $36.06. The stock was removed on the basis of valuation concerns as well as doubt about "significant Upside potential from the current stock price level"

Best to you in '99.

Bruce
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