SNAP Message Board - Msg: 768669

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Biotech / Medical : SNAP

SNAP 7.425

-0.6%

2:19 PM EST

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To: scaram(o)uche who wrote (9)	2/5/1997 1:55:00 AM
From: Larry Liebman	of 124

I spoke with company today...Their hit on the "disappointing" stock performance was the failure to deliver the "asthma gene", which analyst's were anticipating by year-end '96...Believe news will be coming in next 6 months...Company rep. was quite upbeat, citing numerous research platforms being aggressively pursued...Stock has been stuck recently...Even closing deal with Sloan-Kettering for joint cancer company caused a yawn and small retreat...At these levels, it is undervalued relative to its genome brethren...A strong buy at $15...

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