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Biotech / Medical : Micrologix biotech

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To: Larry G. who wrote (24)5/6/1997 5:19:00 PM
From: Graham Dellaire   of 792
 
Larry I finally bought a crap load of MBI so you can guess I think it is going up.

Why?

1. patent for technology of producing large amounts of their antibiotics
Many other biotechs are having problems with this so this is great!
2. Major alliance with a pharmaceutical can't be far off

3. General rally in the markets which is always lead by techs and then biotechs.

Time to buy your favorite techs.

I have spent 3 days trying to get into entremed (ENMD on NADQ) with no luck. Serious bid ask manipulation. Today I had a bid above the close price by half a buck and no trade!!!

Crazy.
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