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Biotech / Medical : Texas Biotech (TXB)

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To: WTDEC who wrote (681)	5/11/1998 9:51:00 PM
From: RXGOLF	of 834

WTDEC, I'm glad you got out and had a nice run with NXCO. I sure wasn't smart, but got lucky and missed this bullet. Thought I sold mine Friday, but still had some in my wife's IRA. When I called her with the bad news, she told me she had followed suit and we were both out Friday. THE ONLY REASON I sold mine Friday was to lock in a quick gain after being killed lately by DAVX. I hope this one comes back somehow for all the ones that have held it for the tough years. At least they have more in the pipeline, so who knows at this point how good the future may still be. Also, there may be a chance for the FDA to take another look of course. I just don't understand how these management teams can miss the mark so badly. Surely they have read enough depositions to know what will and won't fly with the FDA! I guess their job is just tougher to be prepared for than one might think. Good Luck, Greg

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