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Biotech / Medical : Pharmacyclics (PCYC)
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To: Gordon James who wrote (505)8/30/1999 7:46:00 PM
From: RWReeves  Read Replies (2) of 717
 
Great characterization:

"...Pharmacyclics, a small, money-losing company with no approved products on the market". Makes you want to run right out and pick up a few shares, don't it?

Reasonably good news for a Phase I- doesn't mean of course the green slime is going to work, but I assume they have animal data that would suggest it will. And so PCYC gets hammered.

Beast of a market today for Biotech. Reminds me of villagers with torches and pitchforks.

RWR
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