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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Bill Harmond who wrote (343)2/8/1997 4:35:00 PM
From: I. Luttichuys   of 1762
 
Thanks for the data William,
I think the figure on Stocksmart represents a change upwards (unless, of course, they are wrong).
I believe the 12 month $40 target has been around long enough now that IDEC should have almost already been there!
The growth looks pretty impressive. I've said it more than once and I'll say it again: a working immunoconjugate is something the market (and the scientific community) has been waiting for for years. I believe the day is soon coming that the market will realize its here. That day is going to change the valuation of this stock for sure.
Until then, I hold my shares with the tightest of fists :o).
Please post anytime you may have something to share. Your experience will make you most welcome.
Hope you are having a good day,
BENNETT
PS: I believe Morgan Stanley has used somewhat conservative estimates for these projections if I recall correctly. Brad, who is a regular poster here, has discussed this fact before some time back. If these figures are the same as those he viewed, there is room for surprise.
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