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Technology Stocks : Tseng Lab on the move?

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To: bob who wrote (162)7/17/1998 8:51:00 AM
From: VinceC  Read Replies (1) of 251
 
These type of drugs take years to develop and test. They have many drugs in Phase I through Phase III testing. As I said originally, the article was published 8/11/97, but that doesn't make the drugs outdated. If CPI came as an IPO, it could have flown off the shelf, but the underwriter (Salamon Brothers) did not want to risk a biotech IPO as biotechs are out of favor.

CPI has good advisers and personnel. Better than the TSNG people.

It looks like there is some buying in this area and that a good base is being built. Once the merger is voted and approved, that should help the stock price and coverage on the street.
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