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Biotech / Medical : XILLIX FDA APPROVED

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To: hsg who wrote (441)7/19/1999 12:48:00 PM
From: Edward W. Richmond  Read Replies (1) of 572
 
hsg, The Blue Book of Undervalued Stocks includes XLX as a stock that is over sold. Their analysis is very positive. However, a major cash crunch can decimate a company. Hopefully for all of us, this won't happen to XLX. The Miravant deal brought us enough money to buy considerable time. I'm not sure how we will handle our need for financing in a year.
Having had two stocks run out of cash, has left me gun shy. It both instances it hasn't been pretty.
Regards, Ed
P.S. Do you remember the Midland Walwyn analyst recommending the selling of QLT Phototherapeutics and the buying of Xillix?. I wonder if he is still employed.
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