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Biotech / Medical : ICOS Corporation -- Ignore unavailable to you. Want to Upgrade?


To: SemiBull who wrote (879)3/25/2002 12:58:45 PM
From: Ian@SI  Read Replies (1) | Respond to of 1139
 
From Briefing.com:

12:33 ET ICOS Corp falls on reports of bearish note : We are hearing from traders that ICOS Corp (ICOS 48.99 -2.14) is being pressured by a bearish note issued by Avalon Research. Apparently, firm believes current market-cap overvalues co's product development pipeline and commercial potential. Also feels there could be a significant delay in the approval process for lead product Cialis. Firm said to have a 12-month target of $30 on the name and rates it a Sell. (This information has been provided by Briefing.com sources. We do not receive Avalon research.)

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Given Avalon's track record, maybe I'll get my ICOS shares back at firesale prices. Their Sepsis pipeline alone could prove to be very rewarding...