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Biotech / Medical : Biogen -- Ignore unavailable to you. Want to Upgrade?


To: Beltropolis Boy who wrote (851)1/15/1999 11:04:00 AM
From: Harold Engstrom  Read Replies (4) | Respond to of 1686
 
Had to get help on the latin... The sentiment seems right on. The company said they would do something and they proved they could deliver what they promised.

Heard only a little of the conference call. Pretty tame.

The company gave guidance for flat earnings next quarter for seasonal reasons. I expect increased patient base and conservative royalty realization will offset each other, but do expect a couple of cent higher earnings. The CVT milestone payment was probably another way the company decided to manage earnings growth - the extra money was probably there this past quarter and Biogen probably decided to take the expense early.

Didn't listen to even half the call, so maybe someone else could mention anything that struck them as important or notable.

Harold