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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)
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To: Montecristo No.2 who wrote (574)1/23/2000 4:14:00 PM
From: mact   of 1154
 
monte, i have not really followed IMCL...matter of fact, although i work in this sector, i only recently started to take notice of this sector...while their lack of revenue growth and recent run-up make me cautious of this company, this sector is on fire and there are alot of momentum players running the biotechs up...so while im cautious, most of my recent investments have been in this scetor...i did notice they recently received a patent for their repair chain reaction(RCR) kit to detect genetic defects and this prompted an immediate 500M cash infusion by abbott lab's...this kit sounds very similar to the PCR techinque to find and amplify specific genetic muations or alterations...i agree their longterm potential is great cause their stock price, while up huge within the last month, would most likely be higher if their rev's didnt actually decrease for the last 9 months...but this is something that could be easily be reversed with a new discovery or higher sales of their RPR kits and etc...as for a cancer vaccine, i just cannot see this happening anytime soon...the problem is that the process of cancer is not a single step process...for example, for colon cancer, there are prob. over 5 seperate genes that have to be altered before progressing from pre-cancerous dysplastic changes to outright malignancy...a single vaccine or gene insertion will not likely resolve all the specific causes of cancer on a genetic level...but in time, i think it will...also, u always have to consider mutations with cancers...but i will consider this company myself on any pullback...jmo....goodluck

mact
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