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Biotech / Medical : Micrologix biotech

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To: labonden who wrote (544)8/21/1999 11:09:00 PM
From: Larry G.   of 792
 
Labonden, If you do not have the annual report , call the company and see if you can get one. MBI has a lot of things happening. They are not just a one drug company. I was told a long time age do not buy a research company that has just has one drug. I would think MBI has about 200 hundred drugs to chose from.

Labondem I think the best plan for this stock is to forget about it for 5 to 10 years. Only problem, if some newspaper wrote the right news article this could be explosive. I do not think that would be good for the companies long term growth. I still think this could be a $100 stock. I have been just as frustrated as you about the slow progress but I think that is going to change. Time will tell.
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