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Biotech / Medical : Bio Technology General - BTGC -- Ignore unavailable to you. Want to Upgrade?


To: KAF who wrote (1962)12/29/1999 6:06:00 PM
From: Area51  Read Replies (1) | Respond to of 2028
 
I like this CBS marketwatch interpretation of the news better than mine (If the CBS market watch interpretation is true they should hire the copy writer to write their press releases):
cbs.marketwatch.com

Bio-Technology General said it may earn as little as half as analysts
expected due to problems in moving its drug, Oxandrin. The company expects to earn 5 to 8 cents per share in its fourth quarter, down from a dime in the same quarter last year. Analysts expected the company (BTGC: news, msgs) to earn 9 cents per share. Ahead of the warning, Bio-Technology General shares dropped 15/16 to 14 9/16.