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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST

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To: QuietWon who wrote (351)3/10/1999 10:31:00 AM
From: 5,17,37,5,101,...  Read Replies (2) of 2515
 
Moors&Cabot target price for IMCL is $30.00 and they rate it only a buy! I'd like to see what a strong buy is.

So it broke $12.00 this AM. I thought this would happen yest aft. Watch for big sellers to come out of the woodwork (institutions?). I think they are betting that Herceptin WITH modifications may be a big competitor to C225 -- just a wild hunch. Who can explain why a drug company with major cancer drug in PIII getting lots of publicity and with partner is only selling for $12 while other willow wisp companies are selling for more?

Jackson
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