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Biotech / Medical : Biochem Pharma (BCHE) -- Ignore unavailable to you. Want to Upgrade?


To: Del Holmes who wrote (268)4/4/1998 1:31:00 PM
From: rodin999  Respond to of 783
 
you're right the level of content on this post is much higher than the standard posts, however it seems we have quality but very little quantity at all......i would love to see a commitment from us to post one comment or question a day...what do you guys think...

re:clinichem

i read a recent research report that the clinichem spinoff presents a buying opportunity for BCHE....since the spin off will value between 4-6 CAD each....

the research report went on to say that once trading in Clinichem starts there will be considerable selling pressure as most BCHE holders will take the immediate gain by selling the shares. This will create a short window of buying opportunity during this selling pressure...

as far as investing in clinichem, i dunno. I intend to hold my shares (i'll probably get only five shares) but i'll just leave them and maybe buy more if it drops down to 3-4....i would think that buying clinichem is like buying a small unproven biotech that maybe has a drug in the pipeline....

with the lisbon conference, short position and annual meeting + q1 results i dont think the stock will have time to consolidate....i'm predicting $30 by the end of April...lets see how close I am.....you guys have any predictions?