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Biotech / Medical : ChiRex (CHRX)
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To: elizabeth jarvo who wrote (4)1/29/1997 10:57:00 PM
From: m meixlER   of 130
 
This stock look really good to me as a strong buy here in the 11 range
I think the stock will remain fairly dormant though until the earnings begin to
ramp--that will give us all a prolonged buying opportunity and is good. If this
co can earn 2 dollars per share ad grow eps at a 50 -60 rate then this
could be a 30-50 stock by yr 1999-2000 with a book value at around 7
I dont see many stocks with this little downside and so much potential
upside. I think the stock will be flat for about 6 mo untill the eps growth
becomes clearly evident to the investment community--then watch out
as there is very little flaot since most of the stock is owned by insiders
and institution. Call the co and order the investors kit --there is research
from 4 different brokerage firms. M M
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