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Biotech / Medical : AXYS Pharmaceuticals Inc. -- Ignore unavailable to you. Want to Upgrade?

To: CYBERKEN who wrote (17)	1/12/1998 8:47:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 455

Actually, Ken, not an upgrade but an initiation of coverage which is even better really. If anyone has access to the full report, please post highlights. Morgan Stanely is big time and they don't diddle around with questionable biotechs, so this coverage is great news and the stock had a nice gain in response. At one point it was at 9 7/8 before profit taking set in. I would not be surprised to see higher prices over the next few days, especially if they do a bang up job in their presentation at 4:30 on the 14th at H and Q. Everybody says Walker is great at building shareholder value so let's hope he knocks them dead at H and Q. A great first day for AXPH!!! Bullish for the future.