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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: scaram(o)uche who wrote (6872)	7/17/1999 1:40:00 PM
From: Mike McFarland	Read Replies (1) of 9719

nth-tier has done well. To see my basket of nine stocks move up 40% is just a month is a pretty nifty...although much of that was due to concentrating in two issues--MAGN and CTII, sheer madness. And... I've only about doubled off the lows of last fall-- you could have thrown darts at the sector and done at least as well as me, I'm sure some of you fellas have... I've sold my wife's shares in magn and ctii...but I will hold the rest of my Magainin shares through Pex, if that fails I'll hold for Squalamine anyway. I gave back 8k shares of ctii on this recent run...my remaining 6k shares are half paid for... and I'd just assume forget I own them at this point, a genuine long term investment there--unless of course they're munched this year. With those proceeds, additions include NBIX and GLGC. Those are the recent changes to Mike's Microcap Madness. --Actually, Valentis now has a marketcap greater than 100M...my first stock to rise back above that mark. But that does not mean I am going to sell it. If Pex is approved, I suppose magn will also rise significantly above that mark...but same thing, remaining shares not for trading--I'd rather re-name my portfolio. Of course I am also rooting for Neurocrine to break out, hope the trial has gone well.

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