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Biotech / Medical : Biotech Valuation
CRSP 56.45-2.7%Jan 8 3:59 PM EST
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To: Miljenko Zuanic who wrote (2186)12/1/2000 7:47:17 AM
From: rkrw  Read Replies (1) of 52153
 
<<Mgt should better designed first two trials and protocols three years ago. No credit where isn’t deserved, my motto is.

This trial is effort of new mgt.>>

MZ, you're making my point. If mgt had done a better job the first time around, one would never have had the opportunity to buy this stock at low prices. The stock was at $4-$5 for months on end this year as the trial progressed. Point is an investor shouldn't give up on a biotech just because the first trial failed. If mgt is capable and the drug is sound, one can profit.
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