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Biotech / Medical : BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V}

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To: Micawber who wrote (62)2/7/1999 9:40:00 PM
From: CPAMarty  Read Replies (1) of 423
 
Investors Business Daily has an interesting story on page A4 of the 2/8/99 edition on Sugen (SUGN). Seems like (to a layman anyway) they are into the many of the same areas as IMCL (cancer, angiogenesis, ok not exactly like); only SUGN's projects seem to be more diversified and behind (in terms of the level of trials) that of IMCL's. So why is SUGN trading at $17 while IMCL is under $11? Richard Van Den Broek from H & Q was quoted in the IBD article - therefore i assume H & Q follows - maybe the difference in price is better explained by analyst coverage than the science.
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