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Biotech / Medical : AMLN (DIABETES DRUGS)

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To: Edward Boghosian who wrote (1607)7/9/1999 8:52:00 PM
From: arnie h  Read Replies (1) of 2173
 
Hi Ed:
<Dare we dream that AMLN will eventually hit around 15 some day.>
Sure! Why not? What it will take is statistically significant and positive results from the Phase 3 trials. There's at least a reasonable shot at this or the Company wouldn't have been able to raise the money they did to keep the outfit going. If you recall, this was done after an extensive review of the earlier trials.

In a much earlier post, I noted that improved glucose control coupled with weight loss and a better HDL/LDL ratio seemed like pretty good therapy. The new candidate adds further value as does the larger tax loss carry forward than reflected in the earlier prices to which you referred.

Time will tell.

Arnie
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