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Biotech / Medical : GENSET - GENXY
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To: L. Phil who wrote ()9/9/1999 12:02:00 AM
From: Larry Liebman  Read Replies (1) of 200
 
Opened a position at 11 5/16 this morning. Read the prospectus, reviewed material at web-site. Company reminds me of INCY in its plowing $$$ into R&D. Lack of blockbuster news, analyst downgrades have punished the shares. I believe GENXY came public several years ago at around $24. Recently, it hit an all time low of $10. I continue to look for "orphan" companies: unloved, disrespected, and materially cheap.
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