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Biotech / Medical : Centocor ( CNTO )
CNTO 0.000010000.0%Mar 7 3:00 PM EST

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To: Todd D. Wiener who wrote (929)5/4/1999 12:48:00 AM
From: FNS  Read Replies (1) of 965
 
Todd: Rumors having been flying quite a while...I don't see a fit with J&J...too much marketing rights contracted to LILY etc.

Wouldn't it be great if IMNX, COR, and CNTO wised up and formed a venture alliance agreement to combine research arms of their RA and cardio units as a joint venture...such a waste of good research and duplicity....Monies from Merk or even AMGN could pave the way.

Incidently, I'm not very informed about Merk's longevity, but I heard that their pipeline is drying up...they could probably use some of CNTO's research and current drugs.

Regardless, the chart shows a nice breakout at 45...yet ML downgrades today...typical ML boys...next week they'll upgrade!!!

CNTO is now trading higher on value and greater demand for the stock...call it takeover rumor if you like...the stock is very UNDERVALUED! and test of the old highs may be around he corner.

FNS



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