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Biotech / Medical : IMMULOGIC

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To: Bhag Karamchandani who wrote ()3/6/1997 10:42:00 PM
From: Mike Mercker   of 305
 
IMUL News--- Vector Securities International said Thursday it upgraded Immulogic Pharmaceutical Corp to
buy from attractive.

- In a release dated March 5, Vector said it expects the
company to benefit from management changes announced on
Wednesday. The company said it appointed five new board
members, after the five, including the chairman, resigned.

- Vector analyst Peter Ginsberg said he expects the new
members will be more cognizant of investor priorities and more
open to strategic alliance and acquisition opportunities.

"The changes represent what we believe will be the turning
point for ImmuLogic," Ginsberg said in a report.

- Vector has set an $11 one-year price target for the
stock.
Mercker
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