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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (1871)1/23/2002 4:10:13 PM
From: 613  Read Replies (1) | Respond to of 2515
 
Stock price is no longer about Erbitux efficacy. Researchers' reputations speak for themselves. While not a cure, it does slow or halt tumor growth in a reasonable # of patients for approval. But with all that's happened, if new trials are needed or they get delayed a year (which is almost inevitable at this point), they lose their market edge and they will be just another drug on the market. They will make $ but not as much as before.
So unless some sweetheart deal with the FDA can be worked out, stock will flounder in hype. Good for day traders. Risky for holders.



To: LTK007 who wrote (1871)1/23/2002 4:15:53 PM
From: IRWIN JAMES FRANKEL  Read Replies (1) | Respond to of 2515
 
<Is Bristol-Myers-Squibb really this gullible?>

If BMY is wrong you should add:

Sloan Kettering
M D Anderson

and many other researchers and institutions that have found that Erbitux worked.

ij