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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: pavlov2 who wrote (81203)	10/25/2002 1:44:26 PM
From: tool dude	Respond to of 122087

LOL no sh@t! :)

To: pavlov2 who wrote (81203)	10/25/2002 7:57:58 PM
From: backman	Read Replies (2) \| Respond to of 122087

SLXP kinda makes you wonder who knew what when..this was reported in briefing before the market opened...note that stock closed at 4.45, and there target is a triple "SLXP Salix Pharm upped to Strong Buy at UBS; target $14 (4.45) UBS Warburg upgrades to STRONG BUY from Buy on view that recent sell-off is completely unwarranted and co's fundamentals remain quite healthy. Believes selling has been due to concerns over the FDA's decision on late stage antibiotic rifaximin and concerns about upcoming quarterly results. From a valuation standpoint, stock trades at 0.55x revs if you factor out its $60 mln cash balance and 1.4x revs with the cash (vs industry avg of close to 5x revs). " then at 12:55 this is found on business wire biz.yahoo.com "Salix Pharmaceuticals, Ltd. (Nasdaq:SLXP - News) today announced that it has received an approvable letter from the U.S. Food and Drug Administration (FDA) for the New Drug Application (NDA) for rifaximin, an investigational drug under review for the treatment of travelers' diarrhea." Now, did they have that approval letter before today, but just announced receipt today?...or am I just unreasonably suspicious? either some analyst really did his/her homework or ....? if there is a g-d, i hope the momo-loonies run this to the moon on Monday