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Biotech / Medical : MedImmune -- Ignore unavailable to you. Want to Upgrade?


To: Robert Rose who wrote (182)1/27/2000 11:33:00 AM
From: Ron Kline  Read Replies (1) | Respond to of 416
 
He only cut from Strong Buy to Buy, and it was reportedly only based on price, but the fact that he put it out today make me think the numbers were part of it. The analysts had a big range in predicting the quarter ranging from .58 all the way to 1.00 and MEDI basically met the average expectations, hence the selloff. Next quarter there is a smaller range so hopefully they will be a little more conservative in the numbers so they can blow away the street and everyone can go back to strong buys. I'm being sarcastic because these guys are really on my hate list. Good news is I've learned to ignore them and I've been much better off for doing so.

Ron