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Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00010000.0%Mar 7 3:00 PM EST
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To: Angelo who wrote (662)9/1/1999 2:59:00 PM
From: BRAVEHEART  Read Replies (1) of 1494
 
Hi Angelo,

Might is a pivitol catch 22. Yes NTII has significant potential. John directed you to a newsletter. I suggest you try & get a copy of the writeup on the company. It gives a comprehensive understanding of Memantine & it's market potential relative to NTII. I don't think it describes MERZ's potential but you will get the picture.

Biotech is full of hype stories. Why? Because even though so much research & development goes into product development the majority of drug development attempts result in failure. To invest in Biotech one need consider risk factors. IMO the potential far exceeds the risks through the initiation of P-III studies.

If the following events play-out positively. MERZ's P-III clincicals are met with product approval here & in Europe. NTI's P-II clinicals advance to P-III &/or seek early approval ( aids related dementia ). The consummation of a Pharma collaboration for these many indications. All of which I consider very likely events based on Memantines trac record. There is no way on this earth this stock will continue to trade at these levels. My prediction is $3+ easily.

So yes "Might" is a good choice to describe the future. However there is a huge difference between a company with a product in late-stage clinicals & a company with an idea in a petrie dish. The two are worlds apart. Biotech is full of ideas. The real potential lies in those which are being realized in a clinical setting.

BEST WISHES
Jeffrey
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