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Biotech / Medical : Biotech Valuation

CRSP 57.90

+3.7%

3:59 PM EST

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To: scaram(o)uche who wrote (1337)	7/13/2000 12:53:26 PM
From: Dr. John M. de Castro	Read Replies (1) of 52153

Rick, this has not been fun. NTII has been the roller coaster ride of my investment life. I stand to make enough off of it to insure a comfortable retirement. But, I may have taken a couple of years off my life in the process. NTII came within a whisker of going under. But, Freiman et al. have turned it around. I learned a lot. In particular, I've learned that a great drug is not enough. If you have one, the world doesn't beat a path to your door. You need savvy business people to make it work. I'm now comfortable with the prospects for the future of NTII and my stress level is now at more normal levels. You may call it conviction. Some may call it stubborness. Others may see it as psychopathology. But, I will see this thing through till when Freiman sells the company. Best regards John de C

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