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findit

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Re: magician post# 23888

Friday, 09/09/2005 9:19:48 AM

Friday, September 09, 2005 9:19:48 AM

Post# of 24977
GLGS - Scimitar is initiating a “BUY’ of GlycoGenesys, Inc. (GLGS: NASDAQ). We project a FY05 target
price of $2.25 for GLGS’s stock. If collaboration is consummated by the end of 2005 with a
major pharmaceutical or biotechnology company to develop and commercialize GLGS’s GCS-
100 compounds, then our FY06 target price would be upgraded to $3.50 – 4.00.
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