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Biotech / Medical : Biotransplant(BTRN)
BTRN 27.750.0%Jan 7 4:00 PM EST
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To: scaram(o)uche who wrote (154)12/6/1998 3:04:00 PM
From: Arthur Radley   of 1475
 
Afternoon Rich,
It appears that SomatoKine is the main horse that they will be riding in this race. Phase II results look okay to me and I would expect the next milestone to be an alliance with a major to see them through Phase III. As with many biotechs, cash is needed to see them move forward. I caught this one at a good entry level and I'm very pleased with the short-term gains.
Would be interested to hear what your friend S. Mori has to say. With LGND, XOMA and now CTRX, I'm holding toooo many biotechs, waiting for the "silver bullet".
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