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Biotech / Medical : GelTex Pharmaceuticals (GELX) -- Ignore unavailable to you. Want to Upgrade?


To: Roader who wrote (50)2/4/1998 1:51:00 PM
From: H. Bradley Toland, Jr.  Read Replies (1) | Respond to of 127
 
Roader, I have not seen 1st Boston report but I do agree with the $50 price target for GELX.



To: Roader who wrote (50)2/6/1998 12:32:00 PM
From: NY0001  Respond to of 127
 
Does anyone have access to the CSFB report or any other research
on GELX? Could you post any of it, please?

I find it interesting that CSFB is also covering GELX. They also
cover RAISIO of Finland and just upgraded their targets on
that company. Raisio has developed a cholesterol-lowering food addititve
that J&J has licensed. These additives may eventually compete
with the Cholesterol-lowering pharmaceutical market that GELX is in.

Novartis recently signed a similar agreement with Forbes Medi-Tech (FMI.V)
so it appears that this whole area of cholesterol-lowering foods may
be accelerating and may impact the pharmaceutical side. Although,
I note that FMI is also pursuing a cholesterol-lowering pharmaceutical
as well as a food additive approach.

Does the CSFB report address any of these issues?