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To: SusieQ1065 who wrote (12284)8/23/2001 9:03:10 PM
From: RKHIII  Read Replies (1) | Respond to of 208838
 
I follow MANU and it was refreshing to see it green all day. One anal-yst had said it needed to close too many deals to be able to make numbers this quarter (it met them last report on 6/21). Too soon to tell, but it could finally be turning up. I'm watching the GSO.X closely.



To: SusieQ1065 who wrote (12284)8/23/2001 9:27:34 PM
From: 2MAR$  Respond to of 208838
 
More woe for PDII , see's lowering 2002 earnings by $1.50 a
share and lower 2002 revenue by $225 million to $235 million. ( big ouch )

Pro Detailing Outlook -2: Street Saw '01 Net $2.24/Shr

UPPER SADDLE RIVER, N.J. (Dow Jones)--Professional Detailing Inc. (PDII)
expects a "severe impact" on revenue and earnings if a generic Ceftin
antibiotic tablet is launched.
In a press release Thursday, the drug sales and marketing company said the
immediate launch of a generic version of Ceftin would reduce 2001 earnings
by 80 cents to 90 cents a share and lower 2001 revenue by $50 million to $60
million.
Professional Detailing said the launch would cut 2002 earnings by $1.50 a
share and lower 2002 revenue by $225 million to $235 million.
Thomson Financial/First Call analyst surveys had predicted the company would
earn $2.24 a share on revenue of $655.5 million in 2001.
On Monday, a U.S. appeals court in Washington overturned an order from a New
Jersey District Court that prevented Indian drug maker Ranbaxy Laboratories
Ltd. (P.RLB) from selling a generic version of GlaxoSmithKline PLC's (GSK)
Ceftin product. The case was remanded back to the district court.
Professional Detailing's LifeCycle Ventures Inc. unit is the exclusive
marketer for Ceftin.

(MORE) DOW JONES NEWS 08-23-01

More complete article here and live CC for tomorrow at 9am:
biz.yahoo.com