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Biotech / Medical : Biochem Pharma (BCHE)

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To: JDN who wrote (583)2/3/1999 12:30:00 AM
From: Richard Haugland  Read Replies (2) of 783
 
I would hope that the reason for BCHE to not pass 30 is the general tenure of the market, not a building resistance of the virus to treatment. This message is that there is a much larger market yet even in the US for such treatments

biz.yahoo.com

I am still very optimistic on BCHE, especially in late 1999 when it starts to derive revenues/royalties from sales of lamivudine. Also, it sounded like BCHE would soon announce sale of their diagnostics business, which may have been a drag on earnings/costs.

Currently there are only 3 analysts who have made projections for next Q (18 US cents in Zacks).

biz.yahoo.com

I expect that the number of analysts making projections will increase in the next two weeks (ther are 14 numbers for annual projections) and we will see a number closer to last quarter's 23 cents soon for the next Q. I don't see any real reason for a reduction in revenues/royalties during this next Q and, IMO, we should see some further increase from sales for hepatitis B.
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