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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (58505)5/4/1999 4:13:00 PM
From: Merritt  Read Replies (1) | Respond to of 132070
 
JG:

I gave my thoughts on SANG a while back, when MB was buying calls in the high-teens. I also said I might consider buying it at around the $12 level. I did, and I've since sold those shares. My feeling, FWIW, is that SANG is headed for the $5-$6 level over the next few months because of the extreme uncertainty over their future existence. Novartis took a lot of time analyzing their patent position before filing...I doubt that it's a frivolous suit.