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

To: LTK007 who wrote (1876)	1/24/2002 8:34:21 AM
From: 613	Respond to of 2515

I don't think we'll see single digits but low teens sounds probable. Next drop could happen in the next few days when IMCL has to announce the date of the FDA meeting. The FDA is required to respond within 30 days (nobody seems to be challenging this). The response could be that a meeting will be held asap or much later. The later the meeting, the bigger the drop. Or they could respond that IMCL didn't properly fill out the meeting form - LOL - in which case single digits are possible! If IMCL/BMS has any clout and it doesn't show up in getting a good meeting date, stock is going to tank quickly. Drug probably does do some good and will eventually get approved.