News Focus
News Focus
icon url

Patrick Bateman

10/17/02 3:31 PM

#36200 RE: Zeev Hed #36194

FWIW:

2:58PM Amgen sells off on Wyeth rumor (AMGN) 50.66 +0.28: We are hearing Street talk that WYE has plans to sell 20 mln shares of AMGN tomorrow after the lockup expires (recall that WYE owns about 7.5% of AMGN as a result of AMGN's acquisition of Immunex, and has filed its intention to sell 98.28 mln AMGN shares). Bear in mind also that this has been a recurring rumor this week, and has not been confirmed.

Virtually Yours,

Pat Bateman