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Biotech / Medical : CLTR COULTER PHARMACEUTICAL

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To: Lighthouse who wrote (162)12/31/1998 12:19:00 PM
From: Vector1  Read Replies (1) of 666
 
Lighthouse,
I thought the HAMA response was low (about 7%). I expect the company to begin its fast track filing in January and have approval before the end of the year. If you subtract out the cash CLTR has a technology value of about $300m. IMO Bexxar will do about $100m year one increasing to 300m in 3-5 years. My target price remains $100.
Have a wonderful and healthy new year.
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