MGI Pharma MOGN New patents, anti cancer Message Board

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

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To: scaram(o)uche who wrote (1239)	7/21/1999 10:52:00 PM
From: Biomaven	Read Replies (2) of 1826

Rick, Makes no difference. The speculators are in charge of this market, and some of them (together with some of the "more patient") were hoping for a 114 update. I haven't followed the Yahoo thread of late, but I wonder just when people there will realize that you can only pump a stock in the short term. Raising expectations by talking about the glorious things to come "real-soon-now" only sets up disappointments when those things don't materialize or do materialize in less glamorous form than promised. The key to long term good stock performance is under-promising and over-delivering. Trying to boost the stock by talking about the glories just-over-the-next-rise makes it that much harder for the company to over-deliver. Thus we have an excellent earnings report apparently greeted by disappointment. Unfortunately, we're nearing our third "vacation" period in Europe. Man, seems like they come around every year. Chuckle - or maybe that should be "Grimace". <g> Peter

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