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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Haugland who wrote (205)5/7/1998 2:42:00 AM
From: scaram(o)uche  Respond to of 3044
 
Richard:

Sorry the link didn't work. I tested it and everything. Oh well, it really was just fluff.

Regarding EntreMed...... do you need anyone to mow the lawns, carry your clubs, or wash the car??

Congrats!

Rick



To: Richard Haugland who wrote (205)5/10/1998 12:03:00 PM
From: Richard Haugland  Read Replies (1) | Respond to of 3044
 
MLNM downgrades. Analysts now show 6 "strong buy" and 2 "buy" versus a perfect "strong buy" rating two months ago.

biz.yahoo.com

Some upward revision of earnings estimates for the current quarter (less loss) and downward for the subsequent quarter.

Seems more like a response to the stock's price drop than a prediction of reality. MLNM handily beat the analysts' number last quarter.

I also noted that Sangstat, which also used to have a perfect "strong buy" recommendation in Zacks now has some (or one) simple "buy" recommendation.

I had hoped that the Entremed enthusiasm of this past week would invigorate development-stage pharma companies but I have not seen much positive effect.