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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Jane4IceCream who wrote (38440)5/11/1999 11:02:00 AM
From: JeffA  Read Replies (1) of 90042
 
JJJ This is from earlier this morning.

BEFORE THE BELL - Immunex surges
NEW YORK, May 11 (Reuters) - Shares of Immunex Corp. rose in pre-opening trade Tuesday after the drug company said it would seek approval for expanded use of an arthritis drug.

Immunex was at 130 on the Instinet electronic broker system, up from a Monday close at 107.

The rise came after the company said it planned to seek regulatory approval for wider use of its drug Enbrel in patients with early, active rheumatoid arthritis.

Among other active issues, America Online Inc. (AOL - news) rose to 134-3/4 after the Web service provider said it had entered four partnerships to develop its AOL TV product.
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