SCIO Scios Inc. Message Board

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Biotech / Medical : SCIO Scios Inc.

SCIO 0.01000

0.0%

Aug 19 5:00 PM EST

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To: ubrx who wrote (966)	1/11/1999 8:34:00 PM
From: BRAVEHEART	Read Replies (1) of 1477

Hi JAMES & JERRY, Thanks guys for responding so quickly. The end of the month. Hmmm that is rather soon. Well the reason for my visit is to ascertain where SCIO will trade to based upon FDA approval. Given the number of shares outstanding 38 million and assuming a market penetration of $150,000,000 I would guess the stock could hit between 19 & 31. Depending on the markets reception to the news. Of course there will be the initial recommendation for approval which somewhat mutes this response. I would guess that after SCIOS presentation on Thur the stock will begin to trade up to say $14 or $15 leading up to the FDA decision. It will then peak at $22 or $24 if it receives a letter of approval. The stock clearly has been breaking out for some time and should only intensify over the next few weeks. clearstation.com PS: A particular source whom I trust very much is of the opinion that SCIOS will get approval. BEST WISHES LONE WOLF

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