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Biotech / Medical : Millenium Pharmacueticlals (MLNM)

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To: Walkingshadow who wrote ()6/13/1999 10:04:00 PM
From: Herc  Read Replies (1) of 4
 
Owned it last fall and made a some $$$ during the big run up after Oct. 8. I bought it simply because it was the only one making a profit.

The federal government has their own genome project. So all the private gene companies are competing against this. Their products are also a tad abstruse for the non geneticists.

Also they are kind of like start up drug companies, which are the ultimate crap shoots. They have one or two products in the works, and if one fails a clinical trial then the stock drops like a rock.

Good luck! I have been following it since last fall, and the price has been real choppy!
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