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Biotech / Medical : Inverness Medical Innovation - IMA -- Ignore unavailable to you. Want to Upgrade?


To: PuddleGlum who wrote (30)6/11/2003 2:12:37 AM
From: Crossy  Respond to of 40
 
PG -
IMHO this market is not really extended. The 1600 on the NAZ means to me that we got plenty of room to move up from here. I wouldn't be surprised if we see 2000 this year..

On IMA I loved their "litiagation strategy". They pushed for the "easy win". Their arrangement in essence just locks out the prior supplier to Pfizer (a japanese firm) to be replaced with IMA's Unipath subsidiary. Nice future cashflow stream for IMA (at least 5 years) - patent security for Pfizer. The japanese 3rd party supplier loses out. I guess neither IMA nor Pfizer really cares <g>

rgrds
CROSSY