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


To: John Metcalf who wrote (98)8/28/2000 2:08:06 PM
From: Czechsinthemail  Respond to of 101
 
John, Thanks for the heads up.

There is a good chance that the BOL announcements are behind the recent run in AKRN. However, should BOL decide to sell their business, it might be picked up by an equally aggressive competitor. Meanwhile, I think there are some real concerns around the high competition and low margins. AKRN's recent quarters have been underwhelming. Their growth has been more modest than eye-opening. Some of that is no doubt coming from higher expenses related to clinical trials. We may see further weakness around expectations of a weak Sep quarter.