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Biotech / Medical : Pathogenesis(pgns) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Li who wrote (80)4/30/1998 12:46:00 AM
From: Ken M  Read Replies (1) | Respond to of 228
 
It will be a mistake to sell at the open do not fall for this sucker play.



To: Bill Li who wrote (80)4/30/1998 9:01:00 AM
From: Henry Niman  Respond to of 228
 
PGNS ask is already uo to $41. Here's what thestreet.com said last night:
Evening Update: PathoGenesis Posts
1Q Earnings, Tops Expectation for
Loss

By Heather Moore and John J. Edwards III
Staff Reporters
4/29/98 9:27 PM ET

PathoGenesis (PGNS:Nasdaq) reported first-quarter
earnings of 6 cents per share, soundly beating the
seven-analyst expectation of a 9-cent loss versus the
year-ago 43-cent loss. The company cited the success of
its TOBI cystic fibrosis treatment. PathoGenesis said it
now expects to be profitable in each quarter of 1998 and for
the full year; current estimates call for a loss of 8 cents in
the second quarter, a break-even result in the third quarter,
a profit of 22 cents in the fourth quarter and a profit of 1
cent for the year.