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Biotech / Medical : Insite Vision Inc. -- Ignore unavailable to you. Want to Upgrade?


To: David Bogdanoff who wrote (542)11/17/1997 10:26:00 AM
From: Robert Mayo  Read Replies (1) | Respond to of 1060
 
David,

Certainly the potential is there for Insite to become a big winner. Although recent analyst estimates are hard to come by, INSVs product portfolio is probably worth over $250 million. The company has a market cap of about one quarter of that.

I don't see how the stock will ever hit Murphy's price target of $30, but something in the high teens looks "doable." We'll see.

Mike Baer met with a First Boston analyst a couple of weeks ago. Maybe a research report will be forthcoming. I'll keep trying to get my hands on something solid, and post anything I find.

Bob