Depotech(depo) Message Board

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Biotech / Medical : Depotech(depo)

DEPO 7.300

+1.7%

Aug 14 5:00 PM EST

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To: StockDoc who wrote (810)	5/11/1998 1:33:00 PM
From: BD	Read Replies (2) of 887

Thanks for your info. actually I got caught with my pants down on CRWN last week, bought in at 4.5 and then it experienced 2 successive drops to 2.5...finally on rebound. I needed cash to average down so sold last of DEPO at 4 3/16. Out with profit but not as much as I think company is worth. DC still has a chance and correct me if I am wrong but aren't they working through a well connected FDA consulting firm to gain approval? Anyway you look at it, its risky....not sorry to be out right now. I will look at getting back in around 3.5 on a limited basis before final FDA meeting. CRWN, on the other hand is a real nightmare. Its either going to get aquired, enter a strategic partnership with and on line service, extend financing or go under...bought on fairly good fundimentals but missed the credit problem and corresponding bad press it generated. Oh well, well see. GGNS is still my favorite mid term hold.......if you can take a look at recent Edgar filings...a lot to contemplate.

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