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Biotech / Medical : Biogen
BIIB 176.32-0.3%Dec 30 3:59 PM EST
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To: JEB who wrote (876)2/23/1999 9:59:00 AM
From: Beltropolis Boy  Read Replies (1) of 1686
 
>Yes, I agree but what about the upgrade. That's the confusing part. Would a company buy back shares before a split? I'm going to call PJ today and get them to clarify their target position.

JEB.

please do and let us know what you discover. my initial feeling when we joked about the potential split, was that the $90 target must be a typo. then again, bizarrely, it's reiterated today:

news.com^2FGene~BGEN~BLO~389753170~~~~~,00.html

fwiw, JP morgan's target is $112:

news.com^2FGene~BGEN~BLO~378333560~~~~~,00.html

-chris.
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