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Technology Stocks : Molecular Simulations IPO

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To: Skeeter Bug who wrote (8)4/3/1997 7:58:00 PM
From: David Menlow   of 16
 
This stock really has some outstanding technology. When the biotech sector is ready to heat up, the sector that will be the lead indicator will be the Commercial Physical Research companies. These are the firms that get the outsourced part of the drug development equation. When they get hot, they smoke. This company has the software to create the physical models and save huge amounts of money and time for the research and development of these ne drugs and related technologies. We like this deal until the market fell apart like a cheap watch. Now look for this deal to fall in line with the other IPOs and that means a possible reduction in filing range and/or a pricing below the initial range. Great stock but you have to be a long term investor and have patience.
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