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Biotech / Medical : MGI Pharma MOGN New patents, anti cancer

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To: David Cathcart who wrote (689)2/17/1998 10:12:00 PM
From: the eagle  Read Replies (1) of 1826
 
david, did you see the post on yahoo about insider buying that was attributable to some newspaper article. has anyone else seen this article and, if so, maybe it could be posted on this thread. this company is on the verge of being profitable, has a potentially blockbuster drug with hopefully a partner from europe to pay the fda expense. in bioteck this seems like a no brainer up to about $10. plus, they have 15mil in the bank. i have seen bios in the past trade to $50 and they have not even completed phase1. someone argue with me and tell me why my argument is flawed. that is what this thread should be about----so all of us can make intelligent investment decsions.
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