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Biotech / Medical : CLTR COULTER PHARMACEUTICAL

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To: Vector1 who wrote (163)12/31/1998 2:29:00 PM
From: Lighthouse  Read Replies (1) of 666
 
Thanks for the response,

I thought the HAMA response was low as well. The press release on PIII did not go into much detail on that point: nasdaq.com {How is that for a URL}

However, while reading a clearly biased report from CS First Boston dated December 9, "as Coulter Pharmaceuticals pivotal results using Bexxar showed 34% HAMA response and 10-12% requirement of blood products casued by bone marrow damage." Author was Basu not Swartz.

I have been puzzled by the HAMA numbers posted by CSFB and have been unable to corroberate (sp?) them. Like you I felt the HAMA response was under 10%, but I could be wrong. CSFB has been IDPH's banker before, so their stuff needs to be filtered.

Your eventual sales figures for Bexxar are slightly higher than mine, and I believe your discount rate on future earnings is lower than mine as well. All said CLTR looks a lot better than IDPH here.

Cheers,
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