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Biotech / Medical : AtheroGenics, Inc.{AGIX}-nasdaq -- Ignore unavailable to you. Want to Upgrade?

To: sim1 who wrote (42)	5/22/2001 4:52:53 PM
From: sim1	Respond to of 332

AtheroGenics Inc Raised to 'Strong Buy' at Adams, Harkness 5/22/01 5:45 AM Source:Bloomberg News Princeton, New Jersey, May 22 (Bloomberg Data) -- AtheroGenics Inc. (AGIX US) was raised to ''strong buy'' from ''buy'' by analyst Carol A Werther at Adams, Harkness & Hill. The 2001 year-end price target is $15 per share.

To: sim1 who wrote (42)	5/22/2001 5:11:30 PM
From: keokalani'nui	Read Replies (1) \| Respond to of 332

Thank you Stuart. I think that idiotic news report (about failing phase III!) had 0 to do with the market response. Here's the good news, as I read it: If you like probucol and would really like a side-effect-free probucol (and you can confirm with Tardiff (sp.) that there was a therapeutic benefit 10 minutes after stenting/probucol), you should be elated. Here's what I don't get: How in the world can there be a drug benefit that accounts for the bulk (or quite a large portion) of the increased lumin diameter within 10 MINUTES of the procedure? And why is it apparently the partner carrying the money that is recalcitrant in pronouncing success? Plus, a one-dose pre-procedure doesn't look like the same market size as continuous treatment 6 months post. On the other hand, I recognize that all drug arms showed SS improvement in lumin size at 6 months vs. placebo, so it looks like it's not the procedure that accounts for the improvement. I thought restenosis was marked by a gradual reclosing. Still needing an expert here. Chance for riches. Come on........ Wilder