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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: Jeff Lee who wrote (20)6/13/1996 7:47:00 PM
From: Tara Cobble   of 1154
 
Jeff, we haven't chatted for about a week and figured I'd wake you up. I feel very good about GENE maintaining support level the past few weeks around 10'sh. Seems to be bouncing around this level nicely. My thought is that we are around the bottom support level, and will take some good news for a fast break above 12, since sputtered back to <10 after reaching 11. The other option is for a slow climb when genetich and biotech stocks get back into favor. If I had more margin available I wouldn't hesitate on buying more of GENE (just my guess). So what do you think will transpire over the next 2 weeks + before earnings come out?

Do you have any thoughts on the earnings? I am actually looking past these earnings to the next quarter and think that at this level it is a good buying opportunity for 2 months\6months or 12 months. Ya never know when these type stocks break out, but when the enthusiasm in general starts you know people will be buying the ones that are actually showing profits rather than 10 years of losses and cash drains. I like the balance sheet and GENE has a lot of $$$$ to keep going for a longgggggg time. I wish the home page listed news releases, I think I will send them an e-mail and suggest this. (I will send you an e-mail about another company I like.)

ps. Look at the job openings on their home page (Not to say they are hiring an army, but it is promising and a good sign for growth and funded projects.) (suppose I have said enough)

GTC has openings in

BioInformatics

Software Engineers
Database Programmers & Administrator
Macintosh Programmer
Senior Systems Software Specialist
Unix Specialist
Microbial Genome Analysts
Human Genome Analyst/Programmer
Linkage Analysis Analyst/Programmer

Human Genetics

Statistical Geneticist

Biology

We are seeking biologists at all levels. If you are interested in working in genomics in the Boston area, send us a CV. Detailed job descriptions will appear here in upcoming months. (taken from GENE Home page)
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