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Biotech / Medical : Munch-a-Biotech Today -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (244)3/5/1999 12:10:00 PM
From: LLCF  Read Replies (1) | Respond to of 3158
 
Chiron got a long winded but new recommendation from Morgan Stanley today... quite comprehensive. Posting here because it included this little statement which I'm sure they act apon:

"Chiron could-and has the opportunity to become an important consolidator within the biotech industry. With an underleveraged financial structure (1.2 billion cash, 400 mill debt), a market capitalization of $4 billion, and a newly minted crack management team, Chiron could regain in industry-leading role by playing the role of consolidator. Its internal product pipeline is interesting, but early-stage. The opportunity lies with more than 1200 public and private fledgling, cash-strapped biotechnology companies available now at historic low valuations."

Do you know is Rick working for Morgan now? :)

DAK